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A stock has an expected return of 11.4 percent and a beta of 1.58, and the expected return on the market is 9.3 percent. What

A stock has an expected return of 11.4 percent and a beta of 1.58, and the expected return on the market is 9.3 percent. What must the risk-free rate be? (Enter answer in percents, not in decimals.)

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