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Stock R has a beta of 2.5, Stock S has a beta of 0.35, the required return on an average stock is 13%, and the

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Stock R has a beta of 2.5, Stock S has a beta of 0.35, the required return on an average stock is 13%, and the riskfree rate of return is. By how much does the required return on the riskier stock exceed the required return on the less risky stock? Round your answer to two decimal places 9

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