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24. The market risk premium is currently 8%. CBS stock has a beta of .5, while ABC stock has a beta of 1.1. What is

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24. The market risk premium is currently 8%. CBS stock has a beta of .5, while ABC stock has a beta of 1.1. What is the expected return of CBS stock if ABC stock has an expected return of 11%? a. 4.0% b. 5.0% c. 6.2% d. 8.8% e. 11.0%

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