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The market risk premium is 5.59%. Your stock has beta of 1.8 and expected return of 14.1%. What must be the risk free rate? Give

The market risk premium is 5.59%. Your stock has beta of 1.8 and expected return of 14.1%. What must be the risk free rate? Give an answer correct to at least 3 digits after the decimal expressed in percentage form, but omit the percent sign. For example, if the answer is 1.30927%, you may report 1.309 (or 1.30927) but not .01309 and not just 1.3.

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