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Assume the following information about the market and Apple, Inc.'s stock. Apple's beta is 0.81, the risk-free rate is 2.11, the market risk premium is
Assume the following information about the market and Apple, Inc.'s stock. Apple's beta is 0.81, the risk-free rate is 2.11, the market risk premium is 5.81. Using the security market line (SML), what is the expected return for the firm's stock?
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