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(1) Suppose the equity premium is positive and the CAPM holds. What is the expected rate of return for a stock that has a beta

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(1) Suppose the equity premium is positive and the CAPM holds. What is the expected rate of return for a stock that has a beta of 1, if the expected return on the market is 20%? A. 15% Less than 15% More than 15% 20%

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