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Investors require an 11% return for Extra Missions' (EM) common stock. The risk-free rate of return is 3%, and EM has a beta of 1.2.
Investors require an 11% return for Extra Missions' (EM) common stock. The risk-free rate of return is 3%, and EM has a beta of 1.2. What is the market risk premium and what is the expected return on the market?
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