Question: Question 15 6 pts Using the formula for the security market line, if the risk-free rate is 6%, the market rate of return is 12%,

 Question 15 6 pts Using the formula for the security market

Question 15 6 pts Using the formula for the security market line, if the risk-free rate is 6%, the market rate of return is 12%, the standard deviation is 8% and the beta is 1.8, what is the anticipated return on the security? Please enter your answer as a percentage to two decimals with no % sign

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