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ebook Problem Walk-Through Beate Manufacturing Company has a beta of 1.2, and Foley Industries has a beta of 0.60. The required return on an index

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ebook Problem Walk-Through Beate Manufacturing Company has a beta of 1.2, and Foley Industries has a beta of 0.60. The required return on an index fund that holds the entire stock market is 10%. The risk free rate of interest is 2.5%. By how much does Beale's required return exceed Folty's required return? Do not round Intermediate calculations. Round your answer to two decimal places

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