What is the market expected return

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Nagla'a has invested her money in Widget Inc.'s common stock which has an expected return of 16.5 percent. Given that the company's beta is 1.50 and the risk-free rate is 4.5 percent, what is the market's expected return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Reference no: EM132497699

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