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If the expected return on the market is 10.73 percent, the inflation rate is 1.04 percent, the risk-free rate is 1.71 percent, and Big Madden
If the expected return on the market is 10.73 percent, the inflation rate is 1.04 percent, the risk-free rate is 1.71 percent, and Big Madden common stock has a beta of 1.98, then what is the expected return for Big Madden stock? 19.57% (plus or minus 0.02 percentage points) 17.61% (plus or minus 0.02 percentage points) 15.66% (plus or minus 0.02 percentage points) 13.70% (plus or minus 0.02 percentage points) None of the above is within 0.02 percentage points of the answer
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