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A stock has a beta of 0.53, the expected return on the market is 11 percent, and the risk-free rate is 3.56 percent. What must

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A stock has a beta of 0.53, the expected return on the market is 11 percent, and the risk-free rate is 3.56 percent. What must the market risk premium on this stock be? (Do not round any intermediate calculations. List your answer as a percent, round your final answer to 2 decimal places and enter it in the box below.)

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