What is the expected rate of return for this companies stock

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Centex Energy has a beta of 1.47. Assume that risk-free rate and the expected rate of return on the market are 2% and 12% respectively. According to the capital asset pricing model (CAPM) what is the expected rate of return for this companies stock? PLEASE round your answer to 2 decimal places. Answers should be between 11.45 and 18.55.

Reference no: EM131599872

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