A stock has an expected return of 12.6 percent, its beta is 1.30, and the...
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Finance
A stock has an expected return of 12.6 percent, its beta is 1.30, and the risk-free rate is 2.5 percent. What must the expected return on the market be? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
the answer is not 16.70 nor 10.87
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