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Suppose the risk-free return is 5.7% and the market portfolio has an expected return of 10.9% and a standard deviation of 16% Johnson &

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Suppose the risk-free return is 5.7% and the market portfolio has an expected return of 10.9% and a standard deviation of 16% Johnson & Johnson Corporation stock Khas a beta of 0.76. What is its expected return? The expected return is % (Round to two decimal places.)

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