More by Moore has a growth rate of 4.3 percent and its stock is currently selling for $31.88 per share. It is equally as risky as the market. The stock market has an expected return of 13 percent and an expected market risk premium of 11.55 percent. What is the expected rate of return on the stock? a. 13.00% b. 14.45% c. 28.30% d. 11.55% e. 12.23%

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