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Suppose that OXY's beta is 1.2. If the market risk premium is 9 percent and the risk-free interest rate is 3 percent, then what is

Suppose that OXY's beta is 1.2. If the market risk premium is 9 percent and the risk-free interest rate is 3 percent, then what is the expected return for OXY stock?

a. 13.5%

b. 10.0%

c. 16.0%

d. 13.8%

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