Calculate apple expected return

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Plroblem 1: Mr. Jobs observes a strong demand for the new iPhones and plans to buy Apple stock. However, Mr. Jobs does not know what return he should expect from his investment. He does know that a risk-free rate is 2%, a market return is 10%, and Apple's stock beta is 1.20. Help Mr. Jobs and calculate Apple's expected return

Reference no: EM132736512

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