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Please explain the formulas used and why they were used. Good Company's stock has an expected return of 13.45%, a beta of 1.25, and is

Please explain the formulas used and why they were used. Good Company's stock has an expected return of 13.45%, a beta of 1.25, and is in equilibrium. If the risk-free rate is 6.00%, what is the market risk premium?

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