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The stock of United Industries has a beta a 1.26 and an expected return of 11.4. The risk-free rate of return is 4 percent. What
The stock of United Industries has a beta a 1.26 and an expected return of 11.4. The risk-free rate of return is 4 percent. What is the expected return on the market? HINT: Use the Security Market Line.
A. 7.4
B. 8.41
C. 8.32
D. 9.87
E. 12.06
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