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CIM stock's correlation with the market return is estimated to be 0.60. The stock standard deviation is 0.35 and the market standard deviation is 0.25.

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CIM stock's correlation with the market return is estimated to be 0.60. The stock standard deviation is 0.35 and the market standard deviation is 0.25. The risk-free rate is 3% and the market risk premium is 10%. Blank #1: What is the B of CIM stock? Blank #2: What is the expected return (in percentage) on CIM stock using the CAPM? Instruction: Answers should be rounded to two decimal places. Do not include any symbol. Blank # 1 A/ Blank # 2

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