Pharoah, Inc., stock has a beta of 1.35. If the expected market return is 18.50 percent...

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Pharoah, Inc., stock has a beta of 1.35. If the expected market return is 18.50 percent and the risk-free rate is 4.5 percent, what does CAPM indicate the appropriate expected return for Pharoah stock is? (Round answer to 2 decimal places, e.g. 52.75%.) Expected return for Pharoah stock % Pharoah, Inc., stock has a beta of 1.35. If the expected market return is 18.50 percent and the risk-free rate is 4.5 percent, what does CAPM indicate the appropriate expected return for Pharoah stock is? (Round answer to 2 decimal places, e.g. 52.75%.) Expected return for Pharoah stock %