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helpp Beale Manufacturing Company has a beta of 1,6 , and Foley industries has a beta of 0.30. The required return on an index fund

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Beale Manufacturing Company has a beta of 1,6 , and Foley industries has a beta of 0.30. The required return on an index fund that holds the entire stock market is 14%, The riskfren rate of interest is 2.5%. By how much does Beale's required return exceed Foley's required return? Do not round intermediate calculatons. Round your answer to two decimal nlaces

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