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What is the expected return for ford

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Ford Motor Company's stock is currently selling for $16.23 per share, with a beta of 0.71. If risk-free securities are currently returning 2.7% and the market return is expected t be 9.4%, what is the expected return for Ford? (Report answer in percentage terms and round to 2 decimal places. Do not round intermediate calculations).

Reference no: EM132491361

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