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Business, 03.07.2019 00:10 amberskids2

Investors expect the market rate of return this year to be 10%. the expected rate of return on a stock with a beta of 1.2 is currently 12%. if the market return this year turns out to be 8%, how would you revise your expectation of the rate of return on the stock? (do not round intermediate calculations. round your answer to 1 decimal place.)

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