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A stock has an expected return of 15 percent, its beta is .90, and the risk-free rate is 5.3 percent. What must the expected return
A stock has an expected return of 15 percent, its beta is .90, and the risk-free rate is 5.3 percent. What must the expected return on the market be? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)
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Introduction To Finance Markets, Investments, And Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
17th Edition
1119561175, 978-1119561170
