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If the market risk premium is 9% the risk-free rate is 3% and Gibson Inc. has a beta of 1.2 what is Gibsons expected Return?

If the market risk premium is 9% the risk-free rate is 3% and Gibson Inc. has a beta of 1.2 what is Gibsons expected Return?

a. 12.6%
b. 13.8%
c. 9.0%
d. 10.2%

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