Assume that the risk$-$free rate is $4\mathrm{.}5\%$ and the market risk premium is $5\%.$ What is the required return for the overall stock market? Round your answer to one decimal place.

$9\mathrm{.}5$

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What is the required rate of return on a stock with a beta of $1\mathrm{.}6?$ Round your answer to one decimal place.

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