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Assume you run a regression of a stock's excess return on the market excess return. The regression has an intercept of -4% and a coefficient

Assume you run a regression of a stock's excess return on the market excess return. The regression has an intercept of -4% and a coefficient on the market of 0.8. If the average excess return to the market over this period was 11%, what was the average excess return to the stock over this same period? (Excess return is defined for this question as any return minus the riskfree rate)

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