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A stock has a beta of 1.2, the expected return on the market is 15 percent, and the risk-free rate is 8.25 percent. The expected
| A stock has a beta of 1.2, the expected return on the market is 15 percent, and the risk-free rate is 8.25 percent. The expected return on this stock must be _________ percent. |
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
3rd Edition
0324274319, 9780324274318
