# stock has a beta of 1.22, the expected return on the market

## Question: A stock has a beta of 1.22, the expected return on…

A stock has a beta of 1.22, the expected return on the market is 12 percent, and the risk-free rate is 4.65 percent.

What must the expected return on this stock be? **(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
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Expected return %