Question: Problem 11-13 Using CAPM [LO 4 A stock has a beta of 1.24, the expected retum on the market is 11.8 percent, and the risk-free
Problem 11-13 Using CAPM [LO 4 A stock has a beta of 1.24, the expected retum on the market is 11.8 percent, and the risk-free rate is 4.55 percent What must the expected return on this stock be? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal Expected return places, .9,32.16)
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