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A stock has an expected return of 8 percent, its beta is 0.35, and the risk-free rate is 3.6 percent. The expected return on the
A stock has an expected return of 8 percent, its beta is 0.35, and the risk-free rate is 3.6 percent. The expected return on the market must be
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Auditing
Authors: Allan Millichamp, John Taylor
9th Edition
1844809404, 978-1844809400
