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3. Sandlewood Inc. has a project which has a beta of 1.24. As a market analyst, you find the risk-free rate is 3.8% and the
3. Sandlewood Inc. has a project which has a beta of 1.24. As a market analyst, you find the risk-free rate is 3.8% and the market rate of return is 9.2%. Which one of the below is the project's expected rate of return?
a. 15.21% b. 11.41% c. 10.50% d. 14.61%
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