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Assume that the expected return for Canyon Inc. (CY) is being calculated using the CAPM. CY's beta is -.13, the risk-free return is 4%, and

Assume that the expected return for Canyon Inc. (CY) is being calculated using the CAPM. CY's beta is -.13, the risk-free return is 4%, and the expected market return is 6%. What is the expected return for CY?

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