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We compute the beta functions of Higher Derivative Gravity within the Functional Renormalization Group approach, going beyond previously studied approximations. We find that the presence of a nontrivial Newtonian coupling induces, in addition to the free fixed point of the one-loop approximation, also two nontrivial fixed points, of which one has the right signs to be free from tachyons. Our results are consistent with earlier suggestions that the dimension of the critical surface for pure gravity is three.

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