Question: Question 37 View Policies Current Attempt in Progress Crane, Inc, stock has a beta of 1.50. If the expected market return is 12.5 percent and

 Question 37 View Policies Current Attempt in Progress Crane, Inc, stock

Question 37 View Policies Current Attempt in Progress Crane, Inc, stock has a beta of 1.50. If the expected market return is 12.5 percent and the risk-free rate is 4.0 percent, what does CAPM indicate the appropriate expected return for Crane stock is? (Round answer to 2 decimal places, c.8. 52.75.) Expected return for Crane stock %

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