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Brennan Beverages' Stock Has an Estimated Beta of 1

Question 13

Essay

Brennan Beverages' stock has an estimated beta of 1.3, and its required rate of return is 14 percent. Super Soda's stock has a beta of 0.9, and the risk-free rate is 5 percent. What is the required rate of return on Super Soda's stock?

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Using Brennan's information, the market ...

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