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CIBC stock has a beta of 1.2 . If the risk-free rate is 1.8%, and the market risk premium is 6.5%, what is the expected

image text in transcribed CIBC stock has a beta of 1.2 . If the risk-free rate is 1.8%, and the market risk premium is 6.5%, what is the expected return of CIBC stock, according to the CAPM? A. 7.8% B. 9.6% C. 10% D. 8.3% E. 7.44%

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