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The common stock of Alibaba Group has a beta of 1.57 and an expected rate of return of 14.70%. Investors expect the return on the

The common stock of Alibaba Group has a beta of 1.57 and an expected rate of return of 14.70%. Investors expect the return on the market portfolio this year to be 10.90%. Assuming that the risk-free rate does not change, what would be your expected return on Alibaba stock if the market portfolio return is 13.10%?

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