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Suppose the expected return on the market is 1 2 . 5 6 percent and the return on short - term treasury bills is 2

Suppose the expected return on the market is 12.56 percent and the return on short-term treasury bills is 2.66 percent. What is the expected return on a stock with a beta of 1.87?(Do not round any intermediate calculations. List your answer as a percent, round your final answer to 2 decimal places and enter it in the box below.)

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