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Comic Sans Inc.s stock returns have a monthly standard deviation of 7%, with a beta of 1.2. If the stock market has an annual standard

Comic Sans Inc.s stock returns have a monthly standard deviation of 7%, with a beta of 1.2. If the stock market has an annual standard deviation of 18%, what proportion of Comic Sans monthly returns is explained by market movements (i.e., what is its R2)? I recommend using whole numbers for returns in intermediate calculations, but this is not absolutely necessary; youll get the same answer either way. Enter your final answer in percentage points rounded to 2 decimal places (

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