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(Estimated time: 3 minutes) The risk-free rate is 4.0% and the expected market return is 16.0%. If G. Floyd Corp.'s stock has a beta of
(Estimated time: 3 minutes) The risk-free rate is 4.0% and the expected market return is 16.0%. If G. Floyd Corp.'s stock has a beta of 1.80, what is the expected rate of return on its common stock? When entering your answer, do not use % and use decimal notation. For example, if your result is 0.085 enter 0.085 Your
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