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QUESTION 11 A stock has a beta of 1.4, the expected return on the market is 12%, and the risk-free rate is 4%. Calculate the

QUESTION 11

A stock has a beta of 1.4, the expected return on the market is 12%, and the risk-free rate is 4%. Calculate the expected return on the stock. (Enter percentages as decimals and round to 4 decimals)

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