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Caribou Cake Corp's stock has a beta of 1.9. If the risk free rate is 2% and the expected return on the market is 12%,

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Caribou Cake Corp's stock has a beta of 1.9. If the risk free rate is 2% and the expected return on the market is 12%, what is the expected return on Caribou Cake's stock? Write your answer as a percentage (i.e. if your answer is 9.24%, write 9.24). Report your result to at least 2 decimal places. 0.21

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