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P13-16 Using CAPM (L04] A stock has an expected return of 10 percent, its beta is 1.35, and the expected return on the market is

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P13-16 Using CAPM (L04] A stock has an expected return of 10 percent, its beta is 1.35, and the expected return on the market is 9 percent. What must the risk-free rate be? (Do not round your intermediate calculations.) Multiple Choice 6.39% -2.15% 5.84% 6.14% 6.45%

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