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A stock has an expected return of 9 percent, its beta is 0.45, and the risk-free rate is 3.15 percent. What must the expected return

A stock has an expected return of 9 percent, its beta is 0.45, and the risk-free rate is 3.15 percent. What must the expected return on the market be?

Multiple Choice

16.96%

13.00%

16.80%

16.15%

15.34%

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