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A stock has a beta of 0.7. If the risk-free rate is 1% and the expected return on the market is 11%, what must the
A stock has a beta of 0.7. If the risk-free rate is 1% and the expected return on the market is 11%, what must the expected return on this stock be?
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
12th Edition
1439044473, 978-1439044476
