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Let s say we expect the market return is 1 2 % , and the treseary return is 3 % . A stock IBM has

Lets say we expect the market return is 12%, and the treseary return is 3%. A stock IBM has beta 0.79, what should be the expected return of IBM?
After you calculate this return, show your understanding of why this return is called expected return and required return?

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