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Use the following information. Stock X has a beta of 1.5. The risk-free rate of return is 4%. The market risk premium is 11%.

Use the following information. Stock X has a beta of 1.5. The risk-free rate of return is 4%. The market risk premium is 11%. a) Find the market return (or market portfolio's rate of return). b) Find the required rate of return on Stock X using the CAPM.

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