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10) A stock has an expected return of 14 percent, its beta is 0.8, and the risk-free rate is 6.3 percent. What must the expected

10) A stock has an expected return of 14 percent, its beta is 0.8, and the risk-free rate is 6.3 percent. What must the expected return on the market be?

15.92%

15.13%

9.62%

16.56%

16.72%

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