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The stock of Big Joe's has a beta of 1.14 and an expected return of 12.2 percent. The risk-free rate of return is 4 percent.

The stock of Big Joe's has a beta of 1.14 and an expected return of 12.2 percent. The risk-free rate of return is 4 percent. What is the expected return on the market?

8.69 percent
12.74 percent
11.19 percent
8.20 percent
9.85 percent

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