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The estimated standard deviation of Mars Equipment (ME)'s stock return is 0.7, the estimated standard deviation of S&P 500 index is 0.4, and the correlation

The estimated standard deviation of Mars Equipment (ME)'s stock return is 0.7, the estimated standard deviation of S&P 500 index is 0.4, and the correlation between the MEs stock and the S&P 500 is 0.7. If the market risk premium is 6%, the risk-free rate is 2%, what is the company's expected stock return?

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