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The market is expected to return 15 percent next year and the risk-free rate is 7 percent. What is the expected rate of return on

The market is expected to return 15 percent next year and the risk-free rate is 7 percent. What is the expected rate of return on a stock with a beta of 1.3?

The covariance of the market's returns with the stock's return is 0.005 and the standard deviation of the market's return is 0.05. What is the stock's beta?

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