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Q5(B). The new ideas Corporation's recent strategic moves have resulted in its beta going from portfolio is comprised of investments in their stocks. The stock

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Q5(B). The new ideas Corporation's recent strategic moves have resulted in its beta going from portfolio is comprised of investments in their stocks. The stock of an important food retail company has a beta of 1.5. The expected return on the market portfolio is 12% and the risk-free rate 8%. Compute the expected or required rate of return on that stock (4 Marks)? (CLO5) (8 minutes)

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