Expected return on riccico, Finance Basics

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Expected return on riccico

Problem:

The beta of RicciCo.'s stock is 3.2, whereas the risk-free rate of return is 9 percent. If the expected return on the market is 18 percent, then

Required:

What is the expected return on RicciCo.?

Note: Please provide equation and explain comprehensively and give step by step solution.

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Finance Basics: Expected return on riccico

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