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Breckenridge, Inc., has a beta of 0.79. If the expected market return is 12.5 percent and therisk-free rate is 7.0 percent, what is the appropriate

Breckenridge, Inc., has a beta of 0.79. If the expected market return is 12.5 percent and therisk-free rate is 7.0 percent, what is the appropriate expected return of Breckenridge(using the CAPM)?

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