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Suppose that you are analyzing stock ABC. Historically, ABC was about 2 times as risky as the overall market. If the risk-free rate is 1.50%

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Suppose that you are analyzing stock ABC. Historically, ABC was about 2 times as risky as the overall market. If the risk-free rate is 1.50% and the expected return on the market is 8.50%, what is the expected return of ABC's stock according to the CAPM? Answer (round to two decimal places): %

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