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15) The stock of Big Joe's has a beta of 1.46 and an expected return of 12.40 percent. The risk-free rate of return is 4.9
15) The stock of Big Joe's has a beta of 1.46 and an expected return of 12.40 percent. The risk-free rate of return is 4.9 percent. What is the expected return on the market?
8.58 percent
7.50 percent
5.25 percent
10.04 percent
14.65 percent
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