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1) If an investor purchases a security with a beta of 0.76, and the market is expected to return 7% over the next year, what

1) If an investor purchases a security with a beta of 0.76, and the market is expected to return 7% over the next year, what should be the expected return on the security as a positive number?

Enter your answer rounded to 2 decimal places, and do NOT enter any symbols such as $, % or commas.

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