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A stock has a beta of 1 . 0 9 , the expected return on the market is 1 0 . 3 percent, and the
A stock has a beta of the expected return on the market is
percent, and the riskfree rate is percent.
What must the expected return on this stock beDo
not round intermediate calculations and enter your answer as a
percent rounded to decimal places, eg
Expected return
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