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You expect a return on the market of 15 % and the risk free rate to be 4%. If beta for XYZ Ltd is 0.54,

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You expect a return on the market of 15 % and the risk free rate to be 4%. If beta for XYZ Ltd is 0.54, what is the expected return on XYZ's shares based on CAPM. a. 11.94% O b. 10.94% O c. 8.94% d. 9.94% Clear my choice

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