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Question
Farm Tractors, Inc., stock has a beta of 1.12 and an expected return of 12.8 percent. The risk-free rate is 3.84 percent. What is the market rate of return?A. 6.67 percent
B. 8.90 percent
C. 9.08 percent
D. 11.84 percent
E. 12.63 percent
Answer
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