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The stock of Goldman Sachs has a beta of 1.35. The risk-free rate is 2.8 percent and the market return is 10.6 percent. What is
The stock of Goldman Sachs has a beta of 1.35. The risk-free rate is 2.8 percent and the market return is 10.6 percent. What is the expected return on Goldman Sachs' stock? (Worth 6 points)
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