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Rambo Enterprises, Inc. stock has a beta of 1.12. The risk-free rate of return is 2.46 percent and the market risk premium is 7.26 percent.
Rambo Enterprises, Inc. stock has a beta of 1.12. The risk-free rate of return is 2.46 percent and the market risk premium is 7.26 percent. What is the expected rate of return on this stock?
7.84 percent
8.35 percent
9.01 percent
10.59 percent
13.21 percent
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