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The stock of Cleveland-Cliffs Inc. (Ticker: CLF) has a beta of 1.26 and an E(R) = 11.4%. In light of this information and knowing that

The stock of Cleveland-Cliffs Inc. (Ticker: CLF) has a beta of 1.26 and an E(R) = 11.4%. In light of this information and knowing that U.S. T-Bills return 5%, Rm is equal to: Multiple Choice 10.08 7.43 11.91 6.40 8.57

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