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A stock has a beta of 1.30, the expected return on the market is 16 percent, and the risk-free rate is 4.70 percent. What must

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A stock has a beta of 1.30, the expected return on the market is 16 percent, and the risk-free rate is 4.70 percent. What must the expected return on this stock be? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Expected return

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