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A stock has an expected return of 16 percent, its beta is 0.5 , and the risk-free rate is 10.4 percent. What must the expected

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A stock has an expected return of 16 percent, its beta is 0.5 , and the risk-free rate is 10.4 percent. What must the expected return on the market be? Multiple Choice 21.60% 22.68% 22.46% 20.52% 11.20%

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