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Homework: Chapter 12 Homework Save Score: 0 of 1 pt 4 of 15 (10 complete) HW Score: 66.67%, 10 of 15 pts P 12-28 (similar

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Homework: Chapter 12 Homework Save Score: 0 of 1 pt 4 of 15 (10 complete) HW Score: 66.67%, 10 of 15 pts P 12-28 (similar to) Question Help Suppose the risk-free return is 6.7% and the market portfolio has an expected return of 11.5% and a standard deviation of 16%. Johnson & Johnson Corporation stock has a beta of 0.28. What is its expected return? The expected return is %. (Round to two decimal places.)

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