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You are considering the purchase of a stock with a beta of 0.75. If the expected return on the market portfolio is 11.50% and the

You are considering the purchase of a stock with a beta of 0.75. If the expected return on the market portfolio is 11.50% and the riskfree rate is 3%, use the Capital Asset Pricing Model (CAPM) to estimate the expected return on this stock.

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