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Stock ABC has an expected return of 11.05%, a standard deviation of 2.36%, and a correlation coefficient of -0.13 with market returns. The market has
Stock ABC has an expected return of 11.05%, a standard deviation of 2.36%, and a correlation coefficient of -0.13 with market returns. The market has an expected return of 8.49%, and a standard deviation of 1.83%. The risk-free rate is 2%. % Assuming that the CAPM model is accurate, the required rate of return of stock ABC =
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