The beta of Ricci Co.'s stock is 4.2, whereas the risk-free rate of return is...
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Finance
The beta of Ricci Co.'s stock is 4.2, whereas the risk-free rate of return is 9 percent. If the expected return on the market is 18 percent, then what is the expected return on Ricci Co.?
Group of answer choices
57.60%
28.80%
46.80%
37.80%
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