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Problem:

A stock has an expected return of 11.4 percent, its beta is 0.89, and the risk-free rate is 5.70 percent.

Requirement:

Question: What must the expected return on the market be?

Note: Be sure to show how you arrived at your answer.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91170894

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