Expected return-what is the risk-free rate

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Ben & Terry's has an expected return of 13.2 percent and a beta of 1.08. The expected return on the market is 12.4 percent. What is the risk-free rate?

3.87 percent

4.24 percent

2.61 percent

3.29 percent

2.40 percent

Reference no: EM131354040

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