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A grocery store (beta 0.91) is considering an investment in the publishing industry (beta 1.33). If the risk-free rate is 1.1% and the expected return

A grocery store (beta 0.91) is considering an investment in the publishing industry (beta 1.33). If the risk-free rate is 1.1% and the expected return on the market is 15.1%, what is the expected return on the investment project?

Enter your answer as a percentage rounded to 2 decimal places. An answer of 23.456 would be entered as 23.46%.

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