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A grocery store (beta 0.81) is considering an investment in the publishing industry (beta 1.34). If the risk-free rate is 3% and the expected return
A grocery store (beta 0.81) is considering an investment in the publishing industry (beta 1.34). If the risk-free rate is 3% and the expected return on the market is 14.9%, what is the expected return on the investment project?
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