Question 17 (5 points) What is the return on the market portfolio ), when the risk-free rate (rRF) is
2.4%
and the market is in equilibrium and if a stock has a beta of 1.1 and a required rate of return of
11.9%
? Show your answer to the nearest .
1%
using whole numbers (e.g., enter
14.1%
as 14.1 rather than .141). Your Answer: Answer