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A stock has a beta of 1.7 and an expected return of 15.1 percent. If the risk-free rate is 2.9 percent, what is the market

A stock has a beta of 1.7 and an expected return of 15.1 percent. If the risk-free rate is 2.9 percent, what is the market risk premium? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

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