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A stock has a beta of 1.7, the expected return on the market is 8 percent, and the risk-free rate is 2 percent. What must

image text in transcribed A stock has a beta of 1.7, the expected return on the market is 8 percent, and the risk-free rate is 2 percent. What must the expected return on this stock be? (enter your answers as a percent rounded to 2 decimal places, e.g., if 32.16% is your answer, enter as 32.16 without percent sign % )

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