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Hi, I'm looking for help with this question. A stock has a beta of 0.9, the expected return on the market is 10 percent, and
Hi,
I'm looking for help with this question.
A stock has a beta of 0.9, the expected return on the market is 10 percent, and the risk-free rate is 5 percent.
QUESTION: What must the expected return on this stock be? ___%
Please provide ANSWER IN PERCENTAGE FORM (ACCURATE TO 2 DECIMALS) and clear solution.
Thank you.
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