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Please explain the steps and equations used. #30 + The risk-free rate is 2.39% and the expected return on the market 10.40%. A stock with

image text in transcribedPlease explain the steps and equations used.

#30 + The risk-free rate is 2.39% and the expected return on the market 10.40%. A stock with a of 1.70 will have an expected return of %. unanswered not_submitted Submit Attempts Remaining: Infinity Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

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