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A stock has an expected return of 1 1 . 8 5 percent, its beta is 1 . 0 8 , and the risk -

A stock has an expected return of 11.85 percent, its beta is 1.08, and the risk-free rate is 3.9 percent. What must the expected return on the market be?
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\table[[Stock E(R),11.85%
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