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Problem 12-3 Risk-Free Rates (LO3, CFA1) A stock has an expected return of 10.0 percent, a beta of 1.30, and the return on the market

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Problem 12-3 Risk-Free Rates (LO3, CFA1) A stock has an expected return of 10.0 percent, a beta of 1.30, and the return on the market is 9.50 percent. What must the risk-free rate be? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Risk-free rate %

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