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A stock has a beta of 0.95, the expected return on the market is 12 percent, and the risk-free rate is 6 percent. What must
A stock has a beta of 0.95, the expected return on the market is 12 percent, and the risk-free rate is 6 percent. What must the expected return on this stock be?
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Investments
Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey
6th Edition
8120321014, 978-8120321014
