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Acme Co stock has a beta of 1.15. the expected market rates are 8.5% and the risk-free rate is 3.0%. Using the capital asset pricing

  1. Acme Co stock has a beta of 1.15. the expected market rates are 8.5% and the risk-free rate is 3.0%. Using the capital asset pricing model (CAPM), calculate the expected return on the Acme stock.

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