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The expected annual return on the market portfolio is 10.71%. The mean annual return on T-bills if 3.4%. Beta for The Boeing Company is 1.27.
The expected annual return on the market portfolio is 10.71%. The mean annual return on T-bills if 3.4%. Beta for The Boeing Company is 1.27. Based on the CAPM, what is the expected annual rate of return for Boeing? Do not round at intermediate steps in your calculation. Express your answer in percent. Round to two decimal places.
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