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The expected return on HiLo stock is 14.70 percent while the expected return on the market is 13.6 percent. The beta of HiLo is 1.23.

The expected return on HiLo stock is 14.70 percent while the expected return on the market is 13.6 percent. The beta of HiLo is 1.23. What is the risk-free rate of return?

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