Investors expect the market rate of return

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Investors expect the market rate of return this year to be 12%. A stock with a beta of .9 has an expected rate of return of 10%. If the market return this year truns out to be 8%, what is the rate of return on the stock? (Do not round intermediate calculations. Enter your answer as a percent to 1 decimal place)

stock return ____________%

Reference no: EM131187910

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