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9-7 Suppose the risk-free return is 3.6% and the market portfolio has an expected return of 10.7% and a standard deviation of 16%. Johnson &
9-7
Suppose the risk-free return is 3.6% and the market portfolio has an expected return of 10.7% and a standard deviation of 16%. Johnson & Johnson Corporation stock has a beta of 0.72. What is its expected return?
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