The common stock of GO Limited has a beta of 1.23 and an expected return of 12.84%.
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Question:
The common stock of GO Limited has a beta of 1.23 and an expected return of 12.84%. The risk-free rate of return is 4.2%. What is the expected return on the market? Multiple Choice
a. 8.64%
b.11.22%
c. 7.02%
d.17.04%
e.10.63%
Expert Answer:
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