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eBook Stock Rhas a beta of 1.4, Stock S has a beta of 0.85, the required return on an average stock is 1196, and the

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eBook Stock Rhas a beta of 1.4, Stock S has a beta of 0.85, the required return on an average stock is 1196, and the risk-free rate of return is 3%. 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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