Question: Problem 13-15 Using CAPM [LO4] A stock has an expected return of 10.5 percent, its beta is 1.15, and the risk-free rate is 5 percent.
Problem 13-15 Using CAPM [LO4] A stock has an expected return of 10.5 percent, its beta is 1.15, and the risk-free rate is 5 percent. What must the expected return on the market be? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Market expected return %
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