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Suppose the risk-free return is 3% and you measure the market risk premium to be 6%. Canadian Natural Resources (CNQ) has a beta of 1.71.

Suppose the risk-free return is 3% and you measure the market risk premium to be 6%. Canadian Natural Resources (CNQ) has a beta of 1.71. According to the CAPM, what is its expected return? please show full solution

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