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eBook Stock R has a beta of 2.0, Stock 5 has a beta of 0.55, the required return on an average stock is 13%, and

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eBook Stock R has a beta of 2.0, Stock 5 has a beta of 0.55, the required return on an average stock is 13%, and the risk-free rate of return is 6%. By how much does the required return on the riskler stock exceed the required return on the less risky stock? Round your answer to two decimal places

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