A stock has an expected return of 15 percent its beta is


A stock has an expected return of 15 percent, its beta is 1.55, and the risk-free rate is 6.5 percent. What must the expected return on the market be? (Round your answer to 2 decimal places. (e.g., 32.16))

Market expected return               %

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Financial Management: A stock has an expected return of 15 percent its beta is
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