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Thayer Farms stock has a beta of 1.25. The risk-free rate of return is 4.55 percent, the inflation rate is 3.93 percent, and the market

Thayer Farms stock has a beta of 1.25. The risk-free rate of return is 4.55 percent, the inflation rate is 3.93 percent, and the market risk premium is 7.03 percent. What is the expected rate of return on this stock?

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