A stock has an expected return of 13 percent, its beta is 1.35, and the...
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| A stock has an expected return of 13 percent, its beta is 1.35, and the expected return on the market is 11 percent. What must the risk-free rate be? (Do not round your intermediate calculations.) |
5.50%
5.29%
5.55%
5.02%
-1.85%
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