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A stock has an expected return of 13.5 percent, it...

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A stock has an expected return of 13.5 percent, its beta is 1.17, and the risk-free rate is 5.5 percent. The expected return on the market must be __?___ percent. (Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 32.16.))

 

Paper#6926 | Written in 18-Jul-2015

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