Last year the market's return was 7% and Hare Growth earned 9%. This year the market was up and yielded 17%. If Hare Growth's Beta is 1.75, then what is Hare's return this year?
A) 12.25%
B) 15.75%
C) 17.50%
D) 24.50%
E) 26.50%
E
Business
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