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Question 16 1 pts The beta for Cowboy Industries, Inc. is 1.2. The expected return on the market portfolio is 12.0% and the risk-free rate

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Question 16 1 pts The beta for Cowboy Industries, Inc. is 1.2. The expected return on the market portfolio is 12.0% and the risk-free rate is 3.0%. If the CAPM/SML is correct, what is Cowboy Manufacturing's required (expected) return? None of these are correct. 12.9% 11.1% 16.2% 13.8%

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