Compute the return the firm should earn given its level of


A manager believes his firm will earn a 17.00 percent return next year. His firm has a beta of 1.37, the expected return on the market is 14.00 percent, and the risk-free rate is 6.00 percent. Compute the return the firm should earn given its level of risk. (Round your answer to 2 decimal places.) Required return %

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Financial Management: Compute the return the firm should earn given its level of
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