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Assume that the risk-free rate is 5.3 percent. If a stock has a beta of 1.3 and a required rate of return of 12.3 percent,
Assume that the risk-free rate is 5.3 percent. If a stock has a beta of 1.3 and a required rate of return of 12.3 percent, and the market is in equilibrium, what is the return on the market portfolio?
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