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Business, 16.11.2020 18:20 SynysterWxlf661

A stock has a beta of 1.08, the expected return on the market is 10.2 percent, and the risk-free rate is 4.85 percent. Required: What must the expected return on this stock be? (Do not include the percent sign (%).Round your answer to 2 decimal places (e. g., 32.16).)
Expected return %?

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