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32. (a) The expected market return is 16 percent. The risk-free rate of return is 7 percent, and BC Co. has a beta of 1.1.

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32. (a) The expected market return is 16 percent. The risk-free rate of return is 7 percent, and BC Co. has a beta of 1.1. Find the required rate of return. (b) The expected return on the market for next period is 11 percent. The risk free rate of return is 4 percent, and Alpha Company has a beta of 1.1. Find the The market risk premium

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