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A stock has a beta of 1.02, the expected return on the market is 12 percent, and the risk-free rate is 3.0 percent. What must

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A stock has a beta of 1.02, the expected return on the market is 12 percent, and the risk-free rate is 3.0 percent. What must the expected return on this stock be? (Round your answer to 2 decimal places. (e.g., 32.16)) Expected return

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