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Suppose that the market portfolio is equally likely to 30% or -10%. The risk free interest rate is 3%. The expected return on a security

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Suppose that the market portfolio is equally likely to 30% or -10%. The risk free interest rate is 3%. The expected return on a security with a beta of 2 is: (Round to 2 decimal places. Use pure number in your answer. That is, convert percentage numbers into pure numeric values.)

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