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A stock has a beta of 1.15, the expected return on the market is 10.9 percent, and the risk-free rate is 3.8 percent. Required: What
| A stock has a beta of 1.15, the expected return on the market is 10.9 percent, and the risk-free rate is 3.8 percent. |
| Required: |
| What must the expected return on this stock be? |
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
4th Edition
0072996862, 9780072996869
