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Hi, I'm looking for help with this question. A stock has a beta of 0.9, the expected return on the market is 10 percent, and

Hi,

I'm looking for help with this question.

A stock has a beta of 0.9, the expected return on the market is 10 percent, and the risk-free rate is 5 percent.

QUESTION: What must the expected return on this stock be? ___%

Please provide ANSWER IN PERCENTAGE FORM (ACCURATE TO 2 DECIMALS) and clear solution.

Thank you.

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