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Elon Musks TSLA has an estimated beta of 2.04. The market risk-premium (estimated excess market return) is 7% annual. The risk-free rate is 2% annual.

Elon Musks TSLA has an estimated beta of 2.04. The market risk-premium (estimated excess market return) is 7% annual. The risk-free rate is 2% annual. Using the CAPM, what is the expected annual return of TSLA?

14.28%

16.28%

17.23%

19.10%

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