Chapter 11
4.
value:
1.00 points
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Question 4 (of 10)
A stock has a beta of 1.10, the expected return on the market is 12 percent, and the risk-free rate is 3.6
percent. What must the expected return on this stock be? (Do not round intermediate calculations and
enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Expected return
%
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