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Nevertired Inc. treadmills manufacturer stock has a beta of 1.20. 3-months treasury bill returns 2%. Risk premium in the market is 10%. Using CAPM model,

Nevertired Inc. treadmills manufacturer stock has a beta of 1.20. 3-months treasury bill returns 2%. Risk premium in the market is 10%. Using CAPM model, find expected return (cost of equity) for Nevertired Inc.

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