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Problem 11-12 Using CAPM A stock has a beta of 1.12, the expected return on the market is 10 percent, and the risk-free rate is

Problem 11-12 Using CAPM A stock has a beta of 1.12, the expected return on the market is 10 percent, and the risk-free rate is 3 percent. What must the expected return on this stock be? (Do not round...

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