The stock of Big Joe's has a beta of 1.32 and an expected return of...

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Accounting

The stock of Big Joe's has a beta of 1.32 and an expected return of 11.70 percent. The risk-free rate of return is 4.2 percent. What is the expected return on the market?

13.04 percent

9.88 percent

6.16 percent

7.50 percent

8.56 percent

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