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A stock has an expected return of 11.7 percent, its beta is 0.92, and the risk-free rate is 5.85 percent. Required: What must the expected
A stock has an expected return of 11.7 percent, its beta is 0.92, and the risk-free rate is 5.85 percent. |
Required: |
What must the expected return on the market be? |
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