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ssignment #6, Chapter 7 i 10 ts Book Print rences J Rate of return Saved 11.7 % NBA 2K18 Mode Br... G dualshock 4 controll...

ssignment #6, Chapter 7 i 10 ts Book Print rences J Rate of return Saved 11.7 % NBA 2K18 Mode Br... G dualshock 4 controll... Help Required: Suppose two factors are identified for the U.S. economy: the growth rate of industrial production, IP, and the inflation rate, IR. IP is expected to be 5% and IR 7%. A stock with a beta of 1 on IP and 0.6 on IR currently is expected to provide a rate of return of 14%. If industrial production actually grows by 6%, while the inflation rate turns out to be 9%, what is your best guess for the rate of return on the stock? (Round your answer to 1 decimal place.) Save & Exit Submit Check my work

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