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8 (Capital Asset Pricing Model) Breckenridge, Inc., has a beta of 0.76. If the expected market return is 125 percent and the risk-free rate is

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(Capital Asset Pricing Model) Breckenridge, Inc., has a beta of 0.76. If the expected market return is 125 percent and the risk-free rate is 6.5 percent, what is the appropriate expected return of Breckenridge (using the CAPM)? The appropriate expected return of Breckenridge is % (Round to two decimal places)

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