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Katy Stock has a beta of 1.8, Victoria Stock has a beta of 0.85, the expected rate of return on an average stock is 13%

Katy Stock has a beta of 1.8, Victoria Stock has a beta of 0.85, the expected rate of return on an average stock is 13% (Expected Market Return), and the risk-free rate is 5%. By how much does the required return on the Katy stock exceed that on the Victoria stock? Show your work. (Just a number is not acceptable)

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