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Beale Manufachuring Company has a beta of 1.2, and Foley lndustries has a beta of 0.40 . The required return on an index fund that

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Beale Manufachuring Company has a beta of 1.2, and Foley lndustries has a beta of 0.40 . The required return on an index fund that holds the entire stock market is 12%. The riskfree rate of interest is 2.5W. By how much does Beale's required return exceed Foley's required return? Do not round intermediate calkulatons. Round your answer to two decimal piaces

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