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Pluto Intelligence has a beta of 0.8. Neptune Media has a beta equal to 1.6. The required return on the stock market is 8.4%, and

Pluto Intelligence has a beta of 0.8. Neptune Media has a beta equal to 1.6. The required return on the stock market is 8.4%, and the risk-free rate is 2.1%. What is the difference (in percent) between Pluto's and Neptunes's required rates of return (i.e., rNeptune-rPluto)?

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