JY stock has a beta of 1.55. The risk-free rate of return is 2.63 percent...
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Finance
JY stock has a beta of 1.55. The risk-free rate of return is 2.63 percent and the market risk premium is 9.38 percent. What is the expected rate of return on this stock?
Group of answer choices
12.82 percent
14.70 percent
17.17 percent
18.56 percent
16.92 percent
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