Multiple Choice
The stock of Big Joe's has a beta of 1.14 and an expected return of 11.6%. The risk-free rate of return is 4%. What is the expected return on the market?
A) 7.60%
B) 8.04%
C) 9.33%
D) 10.67%
E) 12.16%
Correct Answer:

Verified
Correct Answer:
Verified
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