King farm manufacturing companys common stock has a beta of, Financial Management

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King farm manufacturing companys common stock has a beta of

King Farm Manufacturing Company's common stock has a beta of 2.3. If the risk-free return is 4.88 percent, and the market risk premium s 8.24 percent. Calculate the required return on King Farm Manufacturing's common stock. Round the answers to two decimal places In percentage form.

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Financial Management: King farm manufacturing companys common stock has a beta of

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