Expected return on the market

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A stock has an expected return of 11 percent, its beta is 0.95, and the risk-free rate is 6 percent.

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

  Expected return             %

Reference no: EM13909407

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