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A public company, ABC's CAPM beta is 0.95, the risk-free rate is 3%, and the market risk premium is 7%. What is the expected rate
A public company, ABC's CAPM beta is 0.95, the risk-free rate is 3%, and the market risk premium is 7%.
What is the expected rate of return on ABC? (Hint: use the CAPM model).
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