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A stock has an expected return of 0.11, its beta is 1.99, and the risk-free rate is 0.03. What must the expected return on the
A stock has an expected return of 0.11, its beta is 1.99, and the risk-free rate is 0.03. What must the expected return on the market be? Enter the answer with 4 decimals (e.g. 0.0567).
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