Problem 12-2 Market Returns (LO3, CFA1) A stock has an expected return of 8.0 percent,...
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Problem 12-2 Market Returns (LO3, CFA1) A stock has an expected return of 8.0 percent, its beta is 0.60, and the risk-free rate is 3 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.) Expected return on market %
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