The beta of Ricci Co.'s stock is 4.2, whereas the risk-free rate of return is...

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Finance

The beta of Ricci Co.'s stock is 4.2, whereas the risk-free rate of return is 9 percent. If the expected return on the market is 18 percent, then what is the expected return on Ricci Co.?

Group of answer choices

57.60%

28.80%

46.80%

37.80%

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