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If Princely Piranhas, a publicly traded fine purveyor of exotic fish, has a Beta of . 6 , when the risk-free rate is expected to
If Princely Piranhas, a publicly traded fine purveyor of exotic fish, has a Beta of . 6 , when the risk-free rate is expected to be 2% next year, and the S\&P 500 is expected to earn 15%, what should Princely's shareholders expect to earn on their investment next year? (Answer to the nearest basis point)
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