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A stock has a beta of 1.65, the expected return on the market is 16 percent, and the risk- free rate is 9.6 percent. What

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A stock has a beta of 1.65, the expected return on the market is 16 percent, and the risk- free rate is 9.6 percent. What must the expected return on this stock be? Multiple Choice 20.97% 36% 21.17%

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