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A company with a beta of 2.2 pays dividends of $3.50 per share. Other companies in the market earn a return of 7%, while risk-free

A company with a beta of 2.2 pays dividends of $3.50 per share. Other companies in the market earn a return of 7%, while risk-free government bonds pay 2% annually. If the company's stock price is $12 per share, what rate of return would an investor expect?

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