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Business, 21.03.2020 04:33 avree9815

As an equity analyst you are concerned with what will happen to the required return to Universal Toddler' stock as market conditions change. Suppose rRF = 6%, rM = 10%, and bUT = 1.5.
1. What is rUTI, the required rate of return on UTI Stock? Round your answer to two decimal places.

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