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A stock has a beta of 1.15, the expected return on the market is 13 percent, and the risk-free rate is 4.4 percent. What must

A stock has a beta of 1.15, the expected return on the market is 13 percent, and the risk-free rate is 4.4 percent. What must the expected return on this stock be? (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

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