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Consider the data on expected returns and betas for a variety of assets in the table below. What is the expected return on shares of
Consider the data on expected returns and betas for a variety of assets in the table below. What is the expected return on shares of Omni Consumer Products Inc. using the CAPM?
Asset Expected Return Beta
Omni Consumer Products Inc. ? 2.4
Risk-Free Asset 4.00% 0
Market Portfolio 10.00% 1
The expected return on shares of Omni Consumer Products Inc. is %? Round to two decimal places.
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