Louisiana State University, Shreveport FIN FIN 701 Historically, Belfry projects have had an average beta of 1.5. Assuming the market risk premium (MRP) currently estimated to be 7.5% and the
the market risk premium (MRP) currently estimated to be 7.5% and the risk-free rate is 0.95%, what is the required return for an “average” Belfry project using based on its average project beta? Round the average required return to 2 decimal places (x.xx%).
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