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Explain the difference between required rate of return

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Explain the difference between required rate of return and expected
rate of return. If they are different at a specific point in time, what does that mean?
Required rate of return is the least amount of return an investor expects to get from a project. The expected rate of return is the profit or loss that an investor expects on an investment, it measures the potential of these summing outcomes.

I have the rates of return. I need help with if they are different at specific points in time and what that means.

 
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