Use the following information to answer the$$ question$($s$)$ below.

Company

Ticker

Beta

Ford Motor Company

F

$2\mathrm{.}77$

International Business Machines

IBM

$0\mathrm{.}73$

Merck

MRK

$0\mathrm{.}90$

If the expected return on the market is$11\%$ and the riskfree rate is$4\%,$ then the expected return of investing in IBM is closest$$ to:

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Part $1$

A$.$

$9\mathrm{.}1\%$

B$.$

$12\mathrm{.}0\%$

C$.$

$10\mathrm{.}3\%$

D$.$

$11\mathrm{.}0\%$