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Suppose the riak-tree retum is 7.4% and the market portolo has an expected rotum of 11.7% and a standard deviation of 16%. Johnson 8 Johnson

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Suppose the riak-tree retum is 7.4% and the market portolo has an expected rotum of 11.7% and a standard deviation of 16%. Johnson 8 Johnson Corporation stock has a beta or 0.73. What is its expected retum? The expected retum is 6. (Round to two docimal places.)

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