A stock has a beta of 1.20; the expected market rate of return is 12%, and a

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A stock has a beta of 1.20; the expected market rate of return is 12%, and a risk-free rate of 5 percent. What is the expected rate of return of the stock?
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Contemporary Financial Management

ISBN: 9780324289114

10th Edition

Authors: James R Mcguigan, R Charles Moyer, William J Kretlow

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