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Suppose the risk-free return is 7.5 % and the market portfolio has an expected return of 10.7 % and a standard deviation of 16 %.

Suppose the risk-free return is 7.5 % and the market portfolio has an expected return of 10.7 % and a standard deviation of 16 %. Johnson & Johnson Corporation stock has a beta of 0.31. What is its expected return?

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