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Suppose that you are analyzing stock ABC. Historically, ABC was about 4 times as risky as the overall market. If the risk-free rate is 2.00%

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Suppose that you are analyzing stock ABC. Historically, ABC was about 4 times as risky as the overall market. If the risk-free rate is 2.00% and the expected return on the market is 8.00%, what is the expected return of ABC's stock according to the CAPM? Answer (round to two decimal places)

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