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A stock has a beta of 1.30. the expected return on the market is 10 percent, and the risk-free rate is 4.6 percent. What must

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A stock has a beta of 1.30. the expected return on the market is 10 percent, and the risk-free rate is 4.6 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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