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Over the past year you held a stock that generated a return of 15 percent. The stock's beta was 1.5, the risk-free rate was 3

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Over the past year you held a stock that generated a return of 15 percent. The stock's beta was 1.5, the risk-free rate was 3 percent and the market risk premium was 7 percent. a. Based on the capital asset pricing model (CAPM) what is the return that you should have expected to earn on this stock? (5 pts)

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