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A stock has an expected return of 12 percent. The stocks beta is 1.5 and the market return is 8.6 percent. What is the risk-free
A stock has an expected return of 12 percent. The stocks beta is 1.5 and the market return is 8.6 percent. What is the risk-free rate of return?
a. 2.16%
b. 21.60%
c. 1.80%
d. 1.44%
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