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A single stock, A has a standard deviation of 15.20% and a covariance with the market portfolio given by -0.003. The market portfolio has an
A single stock, A has a standard deviation of 15.20% and a covariance with the market portfolio given by -0.003. The market portfolio has an expected return of 11.70% and a standard deviation of 5.40%. The risk free rate is 4.60%. What is the stock's fair expected return under the CAPM? Answer in percentage points to 2 decimal places (ex: 1.50). Your
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