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I'm sure this is very simple, but I just can't find it.
Suppose the expected return on Stock A is 15% and the expected return on stock B is 20%
Also, the required rate of return on stock A is 14% and the required return on stock B is 22%
Using only the above information, which is the better investment? Why?

I'm not sure if this is important, but the required rate of return was calculated using the Capital Asset Pricing Model (CAPM)

Depends on how your are grading. If it is performance then Stock A is the choice because it beat expectations.
If income is the grade, than Stock B is the choice as a 20% return is better than a 15% return.

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