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Assume the expected return on the market is 16 percent and the risk-free rate is 4 percent. What is the expected return for a stock

Assume the expected return on the market is 16 percent and the risk-free rate is 4 percent.

What is the expected return for a stock with a beta equal to 0.75? (Round answers to 2 decimal places, e.g. 0.25.)

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