Stars inc companys common stock has a beta of 189 if the


Stars, Inc. Company's common stock has a beta of 1.89. If the risk-free rate is 3.7 percent and the market return is 9.37 percent, calculate the required return on Stars, Inc.'s common stock. Round the answer to two decimal places in percentage form. %

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Financial Management: Stars inc companys common stock has a beta of 189 if the
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