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A stock has a beta of 0.75, the expected return on the market is 12 percent, and the risk-free rate is 3 percent. What must
A stock has a beta of 0.75, the expected return on the market is 12 percent, and the risk-free rate is 3 percent. What must the expected return on this stock be?
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Options Futures and Other Derivatives
Authors: John C. Hull
10th edition
013447208X, 978-0134472089
