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Laguna Industries common stock has a required return of 14.4% and a beta of 1.0. If the risk-free return is 4%, what is the expected

Laguna Industries common stock has a required return of 14.4% and a beta of 1.0. If the risk-free return is 4%, what is the expected return for the market? Please show work.

A. 9.6% b. 7.7% c. 13.3% d. 14.4%

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