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Consider the CAPM. The risk-free rate is 4%, and the expected return on the market is 9%. The expected return on a stock with a

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Consider the CAPM. The risk-free rate is 4%, and the expected return on the market is 9%. The expected return on a stock with a beta of 1 is %? Give your answer as a percent and to the nearest 0.01% (eg. write 2.25 if your answer is two and a quarter percent)

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