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A stock has a beta of 112, the expected return on the market is 10 percent, and the risk- free rate is 3.0 percent. What

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A stock has a beta of 112, the expected return on the market is 10 percent, and the risk- free rate is 3.0 percent. What must the expected return on this stock be? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g.. 32.16))

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