What is the expected return on the market

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The stock of Big Joe's has a beta of 1.32 and an expected return of 11.70 percent. The risk-free rate of return is 4.2 percent. What is the expected return on the market?

13.04 percent
9.88 percent
6.16 percent
7.50 percent
8.56 percent

 

Reference no: EM13271314

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