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QUESTION 1: A stock has an expected return of 14 percent, its beta is 1.60, and the risk-free rate is 4.8 percent. What must
QUESTION 1:
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A stock has an expected return of 14 percent, its beta is 1.60, and the risk-free rate is 4.8 percent. What must the expected return on the market be? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Market expected return
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