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A stock has a beta of 1, the expected return on the market is 12 percent, and the risk-free rate is 4 percent. What must

A stock has a beta of 1, the expected return on the market is 12 percent, and the risk-free rate is 4 percent. What must the expected return on this stock be? Please write your answer in percentage, i.e., write down 10 for 10%

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