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ABC's stock has a beta of 1.60, the risk-free rate is 4.25%, and the expected return on the market portfolio is 8.00%. What is the

ABC's stock has a beta of 1.60, the risk-free rate is 4.25%, and the expected return on the market portfolio is 8.00%. What is the expected return on ABC's stock?

a) 10.25%

b) 11.65%

c) 11.95%

d) 12.25%

e) 12.55%

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