Question: question 41 example, record 18.29654% as 18.3 ). 1. If the beta of Braxton, Inc. stock is 1.51 , the risk-free rate (Rf) is 3.5%,
example, record 18.29654% as 18.3 ). 1. If the beta of Braxton, Inc. stock is 1.51 , the risk-free rate (Rf) is 3.5%, and the market risk premium is 4.8%, what is the equilibrium expected rate of return on Braxton's stock according to the Capital Asset Pricing Model (CAPM)? (Record your answer rounded to 1 decimal place; for example, record 18.29654% as 18.3 )
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