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Supgose the risk-free return is 7.6% and the market portlolio has an expected return of 8.3% and a standard deviaton of 16%. Johnson &. Johnson

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Supgose the risk-free return is 7.6% and the market portlolio has an expected return of 8.3% and a standard deviaton of 16%. Johnson \&. Johnson Corporation stock has a beta of 0.73. What is its expected retum? The expected retum is 15. (Round to two decimal places.)

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