A stock has an expected return of 117 percent its beta is


A stock has an expected return of 11.7 percent, its beta is .92, and the risk-free rate is 5.85 percent.

What must the expected return on the market be? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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Financial Management: A stock has an expected return of 117 percent its beta is
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