What must expected return on market

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Reference no: EM131911827

Using CAPM

A stock has an expected return of 11.8 percent, its beta is .93, and the risk-free rate is 5.9 percent.

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

Market expected return

Reference no: EM131911827

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