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The beta of M Simon Inc., stock is 1.6, whereas the risk-free rate of returnis0.07. If the expected return on the market is0.12, then what

The beta of M Simon Inc., stock is 1.6, whereas the risk-free rate of returnis0.07. If the expected return on the market is0.12, then what isthe expected return on M Simon Inc? Round to four decimal places.

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