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Smith Tile has a beta of 1.45. Currently, US Treasury bills are yielding 2.75% and the expected return for the S&P 500 is 11.8%. What
Smith Tile has a beta of 1.45. Currently, US Treasury bills are yielding 2.75% and the expected return for the S&P 500 is 11.8%. What rate of return should you expect for your investment in Smith Tile?
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