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A stock has a beta of 1.5, the expected return on the market is 15 percent, and the risk-free rate is 6 percent. What must

A stock has a beta of 1.5, the expected return on the market is 15 percent, and the risk-free rate is 6 percent. What must the expected return on this stock be?

Multiple Choice

  • 18.52%

  • 19.5%

  • 28.5%

  • 20.28%

  • 20.48%

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