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A stock has beta of 1.59. Assuming the risk-free rate is 2.36% and the market risk premium is 7.8%, what is the stocks expected return?
A stock has beta of 1.59. Assuming the risk-free rate is 2.36% and the market risk premium is 7.8%, what is the stocks expected return? (Provide your solution as a decimal with four digits of accuracy.)
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