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Stock R has a beta of 1.4,5 totk 5 has a beta of 0.85 , the expected rate of return on an average stock is-11%,

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Stock R has a beta of 1.4,5 totk 5 has a beta of 0.85 , the expected rate of return on an average stock is-11\%, and theirisk-free rate is 4%. By how much does the required return on the riskier stock exceed that on the less rasky stock? Do not round intermediate calculations. Round your answer to two decimal places

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