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The beta for Cowboy Industries, Inc. is 1.8. The expected return on the market portfolio is 10.0% and the risk-free rate is 2.5%. If the
The beta for Cowboy Industries, Inc. is 1.8. The expected return on the market portfolio is 10.0% and the risk-free rate is 2.5%. If the CAPM/SML is correct, what is Cowboy Manufacturings required (expected) return?
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