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Lux Corporation has a beta of 1.50 and an expected return of 14%. Lofgren Manufacturing has a beta of 1.10. If the risk-free rate is

Lux Corporation has a beta of 1.50 and an expected return of 14%. Lofgren Manufacturing has a beta of 1.10. If the risk-free rate is 5%, what is the expected return on Lofgren?

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