A stock has an expected return of 129 percent its beta is, Financial Management

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A stock has an expected return of 129 percent its beta is

A stock has an expected return of 12.9 percent, its beta is 1.60, and the risk-free rate is 5.4 percent. What must the expected return on the market be?

(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

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Financial Management: A stock has an expected return of 129 percent its beta is

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