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A stock with a beta of 1.2 has an expected rate of return of 14%. If the market return this year turns out to be
A stock with a beta of 1.2 has an expected rate of return of 14%. If the market return this year turns out to be 8 percentage points below expectations, what is your best guess as to the rate of return on the stock %? Round to 2 decimal places.
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Managerial Accounting
Authors: Wendy M. Tietz, Louis Beaubien, Karen W. Braun
3rd Canadian edition
