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Assume that you are given the following partial, covariance and correlation tables from historical data. Also assume that the average return on the market was

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Assume that you are given the following partial, covariance and correlation tables from historical data. Also assume that the average return on the market was 15.20 percent and that its coefficient of variation was 0.25. Now assume that for the coming year, the expected return on the market is 15.0 percent and that the risk-free rate is expected to be 4.0 percent. Given this information, determine the required rate of return for Security K for the coming year. Covariance Matrix A. 11.47% B. 12.54% C. 13.61% D. 14.68% E. 15.75%

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