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23-05-2023
Business

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The stock of Ernst Electric has a beta of .87. The market risk premium (RM)is 8.6 percent and the risk-free rate (RF)is 3.7 percent. What is the expected return on Ernst Electric stock? SmallCircle 7.96 percent SmallCircle 10.58 percent SmallCircle 11.18 percent SmallCircle 12.20 percent SmallCircle 12.30 percent

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