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02-01-2024
Business

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Oakdale Furniture Inc. has a beta coefficient of 0.7. If the current risk-free rate is 4% and the market risk premium is 11%, what is the required rate of return for Oakdale?

A. 9.6%
B. 11.7%
C. 13.1%
D. 15.2%
E. 17.7%

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