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The stock of Martin Industries has a beta of 1.43. The risk-free rate of return is 3.6% and the market risk premium is 9%. What is the expected rate of return on Martin Industries stock?
Ecotourism
Travel focused on sustainable, respectful exploration and conservation of natural environments.
Biodiversity
The variety of life in the world or in a particular habitat or ecosystem, encompassing genetic, species, and ecosystem diversity.
Tropical Rain Forests
Dense forests located in the tropics, characterized by high rainfall, significant biodiversity, and a canopy structure.
Conservation Biology
A multidisciplinary field that aims to protect and manage biodiversity and natural resources, focusing on conservation of species, habitats, and ecosystems.
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