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The stock of Texas Tea Incorporated has a beta of 1.65. If the expected return on the stock market is 12% and the T-Bill rate

The stock of Texas Tea Incorporated has a beta of 1.65. If the expected return on the stock market is 12% and the T-Bill rate is 2.5%, what is the expected return on Texas Tea?

a. 18.175%

b. 15.675%

c. 13.250%

d. 12.000%

e. 9.500%

PLEASE show all work!

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