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Suppose Wall Street analysts estimate a 2.2 beta for HHMCs equity. The risk free rate is 2.5%, and the expected risk premium on the market

Suppose Wall Street analysts estimate a 2.2 beta for HHMCs equity. The risk free rate is 2.5%, and the expected risk premium on the market portfolio is 9.5%. What is the expected rate of return on HHMCs equity using the Capital Asset Pricing Model (CAPM)?

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