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MSFT has a Beta of 1.91. Assume that the expected return of the market is 0.11 and the current relevant Treasury rate is 0.02.

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MSFT has a Beta of 1.91. Assume that the expected return of the market is 0.11 and the current relevant Treasury rate is 0.02. What is the expected return that investors will demand from this stock? Type your answer as decimal (i.e. 0.052 and not 5.2%). Round your answer to the nearest four decimals if needed.

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