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Suppose the market risk premium is 9.16 percent and the return on short-term treasury bills is 6 percent. What is the expected return on a

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Suppose the market risk premium is 9.16 percent and the return on short-term treasury bills is 6 percent. What is the expected return on a stock with a beta of 1.66? (Do not round any intermediate calculations. Round your final answer to 2 decimal places and enter it in the box below.)

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