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A stock has a beta of 1.38, the expected return on the market is 10 percent, and the risk-free rate is 5.0 percent. What must
A stock has a beta of 1.38, the expected return on the market is 10 percent, and the risk-free rate is 5.0 percent. What must the expected return on this stock be?
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Advanced Financial Accounting
Authors: Richard Lewis, David Pendrill
7th Edition
0273658492, 978-0273658498
