Question: A stock has a beta = 2. The expected return on the market is 9%, and the risk-free rate of return is 3% What is

A stock has a beta = 2. The expected return on the market is 9%, and the risk-free rate of return is 3% What is the expected rate of return of the stock according to the capital asset pricing model?

24%

15%

20%

18%

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