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Suppose you observe the following situation: Security Beta Expected Return Pete Corp. 1.70 0.180 Repete Co. 1.39 0.153 Market rate is 11.90% What is the

Suppose you observe the following situation:

Security Beta Expected Return
Pete Corp. 1.70 0.180
Repete Co. 1.39 0.153

Market rate is 11.90%

What is the risk-free rate? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Risk-free rate %

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