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The beta of stock Z is 0.7. A market event occurs which results in an increase of 20% in Stock Z's return. If the market

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The beta of stock Z is 0.7. A market event occurs which results in an increase of 20% in Stock Z's return. If the market portfolio had a return of 6% before the market event, what is its return after the market event? O A. 1% O B.2% O C.3% O D.4% O E.5%

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