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eBook Beale Manufacturing Company has a beta of 2.1, and Foley Industries has a beta of 0.5. The required return on an index fund that

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eBook Beale Manufacturing Company has a beta of 2.1, and Foley Industries has a beta of 0.5. The required return on an index fund that holds the entire stock market is 11,5 The risk-free rate of interest is 5.5%. By how much does Beale's required retur exceed Foley's required return? Do not found intermediate calculations. Round your answer to two decimal places

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