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Investors expect the market rate of return this year to be 16%. A stock with a beta of 1.9 has an expected rate of return
Investors expect the market rate of return this year to be 16%. A stock with a beta of 1.9 has an expected rate of return of 28%. If the market return this year turns out to be 12%, what is the rate of return on the stock? (Do not round intermediate calculations. Round your answer to 1 decimal place.) |
Stock return | % |
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