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Problem 12-8 Expected Returns (LO3, CFA2) A stock has a beta of 115, the expected return on the market is 13 percent, and the risk-free

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Problem 12-8 Expected Returns (LO3, CFA2) A stock has a beta of 115, the expected return on the market is 13 percent, and the risk-free rate is 4.40 percent. What must the expected return on this stock be? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Expected retum

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