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A stock has a beta of 1.1, the expected return on the market is 16 percent, and the risk-free rate is 7.2 percent. What must

A stock has a beta of 1.1, the expected return on the market is 16 percent, and the risk-free rate is 7.2 percent. What must the expected return on this stock be?

Multiple Choice

16.88%

17.72%

24.8%

16.04%

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