What is the expected return for middlefield motors stock

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If the market premium is 6.78 percent, the risk-free rate is 4.68 percent, the inflation rate is 2.62 percent, and Middlefield Motors common stock has a beta of 1.19, then what is the expected return for Middlefield Motors stock? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.

Reference no: EM131078017

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