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Assume the risk-free rate is 2% and the expected return on the market is 9%. What is the expected return on a stock that has

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Assume the risk-free rate is 2% and the expected return on the market is 9%. What is the expected return on a stock that has a beta of 0.8? Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit the % sign in your response. For example, an answer of 15.39% should be entered as 15.39. Numeric Response

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