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5 A stock has an expected return of 15 percent, its beta is 1.4, and the expected return on the market is 12 percent. What

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5 A stock has an expected return of 15 percent, its beta is 1.4, and the expected return on the market is 12 percent. What must the risk-free rate be? (Do not round your intermediate calculations.) 20 points Multiple Choice -1.80% 4.72% 4.27% 4.50% 4.68%

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