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Consider a stock with the following characteristics: The standard deviation of its annual returns: 43.9%. The correlation between the returns of the stock and the

Consider a stock with the following characteristics: The standard deviation of its annual returns: 43.9%. The correlation between the returns of the stock and the market: 0.64 If the risk-free rate is 4.5%, expected market return is 10.8%, and the standard deviation of market returns is 20.9%, what is this stock's expected return according to the CAPM? Answer in percent showing one decimal place.

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