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Company X has an expected return of 5 . 9 % . The risk - free rate is 2 . 2 % , and the

Company X has an expected return of 5.9%. The risk-free rate is 2.2%, and the market risk premium (or equity risk premium) is 5.3%. If the beta of company X is twice its current beta (keeping other variables unchanged), what will be the expected return of company X (round to one decimal place)?

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