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A stock investor estimates that the CAPM beta for ABC stock is 1.6. Given this information what is the required (or expected) return on ABC

A stock investor estimates that the CAPM beta for ABC stock is 1.6. Given this information what is the required (or expected) return on ABC stock if the risk-free rate is 2% and the expected return on the market is 9%? Group of answer choices 21.0% 18.2% 15.6% 13.2%

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