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Nagla'a has invested her money in Widget Inc.'s common stock which has an expected return of 11 percent. Given that the company's beta is 1.20
Nagla'a has invested her money in Widget Inc.'s common stock which has an expected return of 11 percent. Given that the company's beta is 1.20 and the risk-free rate is 4.4 percent, what is the market's expected return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
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