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Show math calculations (not excel) behind this question The stock of Wendys Inc. (WEN) has a beta of 0.94. If the expected return on the

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Show math calculations (not excel) behind this question

The stock of Wendys Inc. (WEN) has a beta of 0.94. If the expected return on the market is 6%, the risk-free rate is 1%, and CAPM holds, what must the expected return on WEN be

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