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The risk-free rate is 2.2 percent and the market expected return is 11.9 percent. What is the expected return of a stock that has a

The risk-free rate is 2.2 percent and the market expected return is 11.9 percent. What is the expected return of a stock that has a beta of .86?

  • 9.37%

  • 13.47%

  • 10.54%

  • 12.43%

  • 11.49%

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