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An analyst has gathered the following forecast information for XYZ stock, as well as some market parameters: Stock beta = 0.58; Expected return on the
An analyst has gathered the following forecast information for XYZ stock, as well as some market parameters: Stock beta = 0.58; Expected return on the market = 12.49%; Expected return on T-bills = 2.65%; Current stock price = $18.68. What is the reward-to-risk ratio for the market? (Report answer in percentage terms and round to 2 decimal places. Do not round intermediate calculations)
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