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A. The expected return on stock M is given as 14% and has a beta of 1.21. Stock N has a beta of 1.06 and

A. The expected return on stock M is given as 14% and has a beta of 1.21. Stock N has a beta of 1.06 and the expected return of 12.87%. If the reward-to-risk ratio is same for both stocks M and N, calculate the risk-free rate of return.

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