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A stock has an expected return of 10 percent, its beta is 0.8, and the risk-free rate is 5.5 percent. The expected return on the
A stock has an expected return of 10 percent, its beta is 0.8, and the risk-free rate is 5.5 percent. The expected return on the market must be percent.
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
