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The beta of Elsenore, Inc., stock is 1.6, whereas the risk-free rate of return is 0.07. If the expected return on the market is 0.13
The beta of Elsenore, Inc., stock is 1.6, whereas the risk-free rate of return is 0.07. If the expected return on the market is 0.13 , then what should investors expect as a return on Elsenore? Round answer to 4 decimal places and represent percentage as decimal.
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