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The stock of Texas Tea Incorporated has a beta of 1.65. If t

The stock of Texas Tea Incorporated has a beta of 1.65. If the expected return on the stock market i… Show more The stock of Texas Tea Incorporated has a beta of 1.65. If the expected return on the stock market is 12% and the T-Bill rate is 2.5%, what is the expected return on Texas Tea? a. 18.175% b. 15.675% c. 13.250% d. 12.000% e. 9.500% PLEASE show all work! • Show less


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