A stock has an expected return of 12.15%, its beta is 1.31, and the expected return on

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A stock has an expected return of 12.15%, its beta is 1.31, and the expected return on the market is 10.2%. What must the risk-free rate be?

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Fundamentals Of Corporate Finance

ISBN: 9781259654756

10th Canadian Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan, Gordon Roberts, J. Ari Pandes, Thomas Holloway

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