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16. The market rate of return is 18.5%. The risk-free rate of Interest is 4.5%. Stock As a defensive stock with beta of -03 What

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16. The market rate of return is 18.5%. The risk-free rate of Interest is 4.5%. Stock As a defensive stock with beta of -03 What is its expected rate of return? (a) 4.08% (b) 5.65% (c) 8.00% (d) 2.07% (e) 15.01% b d

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