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A stock has a beta of 1.6, the expected return on the market is 9 percent, and the risk-free rate is 3.6 percent. What must
A stock has a beta of 1.6, the expected return on the market is 9 percent, and the risk-free rate is 3.6 percent. What must the expected return on this stock be?
Multiple Choice
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11.63%
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18%
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12.73%
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12.24%
- 12.85
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