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Assume the following information about the market and JM' stock. JM's beta = 1.50, the risk-free rate is 3.50%, the market risk premium is 10.0%.

Assume the following information about the market and JM' stock. JM's beta = 1.50, the risk-free rate is 3.50%, the market risk premium is 10.0%. Using the SML, what is the expected return for JM's stock?

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