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(6-4) An analyst has modeled the stock of a company using the Fama-French three-factor model. The market return is 10%, the return on the SMB

(6-4) An analyst has modeled the stock of a company using the Fama-French three-factor model. The market return is 10%, the return on the SMB portfolio (r_SMB) IS 3.2%, and the return on the HML portfolio (r_HML) IS 4.8%. If a_i = 0, b_i = 1.2, c_i = -0.4, and d_i = 1.3, what is the stock's predicted retrun?

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