If the risk-free rate is 319 percent and the market return


King Farm Manufacturing Company's common stock has a beta of 0.62. If the risk-free rate is 3.19 percent, and the market return is 6.53 percent, calculate the required return on King Farm Manufacturing's common stock.

Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box)

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Financial Management: If the risk-free rate is 319 percent and the market return
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