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3. Amandeep wants to calculate the expected rate of return for security for her work as a freelance investment banker. Lovepreet has the following figures

3. Amandeep wants to calculate the expected rate of return for security for her work as a freelance investment banker. Lovepreet has the following figures to calculate the required rate of return using CAPM: the risk-free rate is 4%, the expected return of the market is 12%, and the systematic risk b of the security is 1.3. SHOW ALL YOUR STEPS AND CALCULATIONS.

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