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Stock R has a beta of 2.5 , Stock S has a beta of 0.75 , the required return on an average stock is 12%,
Stock R has a beta of 2.5 , Stock S has a beta of 0.75 , the required return on an average stock is 12%, and the risk-free rate of return is 6%. By how much the red return on the riskier stock exceed the required return on the less risky stock? Round your answer to two decimal places. %
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