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Beale Manufacturing Company has a beta of 2 . 1 , and Foley Industries has a beta of 0 . 7 . The required return
Beale Manufacturing Company has a beta of and Foley Industries has a beta of The required return on an index fund that holds the entire stock market is The riskfree rate of interest is By how much does Beale's required return exceed Foley's required return? Do not round intermediate calculations. Round your answer to two decimal places.
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