Please use the Capital Asset Pricing Model to determine the rate of return for a...

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Finance

Please use the Capital Asset Pricing Model to determine the rate of return for a stock under the following scenario: XYZ Corporation has a beta () of 1.8 and the overall rate of return for the market is 10%. If the risk free rate of return (i.e. treasury bills) is 3%, what should the rate of return be for the stock of this company?

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