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A project has an assigned beta of 0.88, the risk-free rate is 1.6%, and the expected market rate of return is 9.6%. What is the
A project has an assigned beta of 0.88, the risk-free rate is 1.6%, and the expected market rate of return is 9.6%. What is the project's expected rate of return?
8.45%
8.64%
9.86%
10.05%
11.20%
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