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11 Grand Haven Airways Inc.'s stock is three times as risky as the overall stock market. The S&P 500 Index has experienced the following returns:
11 Grand Haven Airways Inc.'s stock is three times as risky as the overall stock market. The S&P 500 Index has experienced the following returns: 1 year: +20.0%; 3 years:+13.1%: 5 years: 6.7%. The Treasury Bill rate is currently 1.6%. What is the expected return of the stock? 3 01:43:42 Multiple Choice 217% O o 16.9% 36.1% O O 56.9% 3.3%
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