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You currently own 1 0 shares of Apple. Based on your calculations, Apple has a beta of 1 . 2 , the market risk premium

You currently own 10 shares of Apple. Based on your calculations, Apple has a beta of 1.2, the market risk premium is 8% and the risk-free rate is 1%. Based on the CAPM, what is Apples expected return?
A.) Less than 8%
B.) Between 8% and 12%
C.) Between 12% and 15%
D.) Greater than 15%

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