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A stock has a beta of 1.2 and an expected return of 13.0 percent. If the risk-free rate is 5.0 percent, what is the market

A stock has a beta of 1.2 and an expected return of 13.0 percent. If the risk-free rate is 5.0 percent, what is the market risk premium? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

Market risk premium %

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