Question: P13-15 Using CAPM (L04] A stock has an expected return of 9 percent, its beta is 0.6, and the risk-free rate is 3.6 percent. What
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P13-15 Using CAPM (L04] A stock has an expected return of 9 percent, its beta is 0.6, and the risk-free rate is 3.6 percent. What must the expected return on the market be? Multiple Choice 12.60% 9.00% 13.10% 11.97%
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