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A stock has an expected return of 1 2 7 percent, its beta is 1 . 8 0 , and the risk - free rate

A stock has an expected return of 127 percent, its beta is 1.80, and the risk-free rate is 3.2 percent. What must the expected return on the market be?(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
Answer is complete but not entirely correct.
\table[[Expected return on market,15.03**,%
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