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The stock of Black Incorporated has a beta of 1.30. If the expected return on the market is 9% and the T-Bill rate is 2%,
The stock of Black Incorporated has a beta of 1.30. If the expected return on the market is 9% and the T-Bill rate is 2%, what is the expected return on Black Inc.?
Group of answer choices 9.1% 7.1% 9.0% 11.1% 13.7%
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