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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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