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Centex Energy has a beta of 1.23. Assume that risk-free rate and the expected rate of return on the market are 2% and 12% respectively.

Centex Energy has a beta of 1.23. Assume that risk-free rate and the expected rate of return on the market are 2% and 12% respectively. According to the capital asset pricing model (CAPM), what is the expected rate of return for this company's stock

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