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Polly Khan is trying to calculate the risk-free rate given the following information:The currentmarket rate of interest is 12%.Investor's have been requiring a 16.5% annual
Polly Khan is trying to calculate the risk-free rate given the following information:The currentmarket rate of interest is 12%.Investor's have been requiring a 16.5% annual return on Builtrite's stock which has a beta of 1.5.What is the current risk-free rate?
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2%
3%
4%
5%
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