Question: Problem 12-8 Expected Returns (LO3, CFA2) A stock has a beta of 0.70, the expected return on the market is 16 percent, and the risk-free
Problem 12-8 Expected Returns (LO3, CFA2) A stock has a beta of 0.70, the expected return on the market is 16 percent, and the risk-free rate is 3.50 percent. What must the expected return on this stock be? (Do places.) not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal Expected return
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