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Suppose the risk-free return is 40% and the market portfolio has an expected return of 100% and standard deviation of 16%. Johnson Johnson Corporation has

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Suppose the risk-free return is 40% and the market portfolio has an expected return of 100% and standard deviation of 16%. Johnson Johnson Corporation has a bota of 0.75. What is its expected retur? The expected rotum id %. (Round to two decimal places)

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