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A stock has an expected return of 11.5 percent, its beta is 1.25, and the risk-free rate is 4.5 percent. What must the expected return

A stock has an expected return of 11.5 percent, its beta is 1.25, and the risk-free rate is 4.5 percent. What must the expected return on the market be? (Round your answer to 2 decimal places. (e.g., 32.16))

Market expected return %

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