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Given a risk-free rate of 1.2%, a market risk premium of 16%, and a beta of 1.7, what is the expected return of the stock?

Given a risk-free rate of 1.2%, a market risk premium of 16%, and a beta of 1.7, what is the expected return of the stock? Enter your answer as a percentage and rounded to 2 DECIMAL PLACES. Do not put the percent sign in your answer.

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