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( Capital Asset Pricing Model ) Breckenridge, Inc., has a beta of 0 . 7 5 . If the expected market return is 1 0

(Capital Asset Pricing Model) Breckenridge, Inc., has a beta of 0.75. If the expected market return is 10.0 percent and the risk-free rate is 5.5 percent, what is the appropriate expected return of Breckenridge (Using the CAPM)?
The appropriate expected return of Breckenridge is
%.(Round to two decimal places.)
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