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(Solved): Parr Paper's stock has a beta of 1.06 , and its required return is 7%. Clover Dairy's stock has a b ...
Parr Paper's stock has a beta of 1.06 , and its required return is 7%. Clover Dairy's stock has a beta of 0.98 . If the risk-free rate is 2.4%, what is the required rate of return on Clover's stock? (Hint: First find the market risk premium.) 6.35%5.45%6.05%5.75%6.65%