If the market return this year turns out to be 9 percentage


A stock with a beta of 0.5 has an expected rate of return of 10%. if the market return this year turns out to be 9 percentage points below expectations what is your best guess as to the rate of return on the stock? (do not round intermediate calculations. enter your answer as a percent rounded to 1 decimal place.

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Financial Management: If the market return this year turns out to be 9 percentage
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