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Assume that ABC stock's expected rate of return is 11%, the beta of the stock is 1.2, and that the expected market return is 10

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Assume that ABC stock's expected rate of return is 11%, the beta of the stock is 1.2, and that the expected market return is 10 percent. What is the risk-free rate? a. 5.0% b. 5.5% C. 6.0% d. 6.5% e. 7.0%

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