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A stock has an expected return of 0.08, its beta is 1.86, and the expected return on the market is 0.09. What must the risk-free
A stock has an expected return of 0.08, its beta is 1.86, and the expected return on the market is 0.09. What must the risk-free rate be? (Hint: Use CAPM) Enter the answer in 4 decimals e.g. 0.0123.
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