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4) Ashland Inc. stock has a beta of 1.4. If the expected rate of the market portfolio is 12.8% and the risk free rate is
4)
Ashland Inc. stock has a beta of 1.4. If the expected rate of the market portfolio is 12.8% and the risk free rate is 5.2%, what is the expected return of Ashland Inc. stock as a percent to two places (to the right of the decimal point)?
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