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Problem 12-11 Portfolio Risk and Return (LO3, CF41) Asset W has an expected return of 15.0 percent and a beta of 1.40. If the risk-free

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Problem 12-11 Portfolio Risk and Return (LO3, CF41) Asset W has an expected return of 15.0 percent and a beta of 1.40. If the risk-free rate is 4.7 percent, what is the market risk premium? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Marketnisk premium

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