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A stock has a beta of 0.85, the expected return on the market is 19 percent, and the risk- free rate is 3.8 percent. What

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A stock has a beta of 0.85, the expected return on the market is 19 percent, and the risk- free rate is 3.8 percent. What must the expected return on this stock be? (Round your answer to 2 decimal places. Omit the "%" sign in your response.) Expected return

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