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The risk - free rate is 3 . 8 7 % and you believe that the S&P 5 0 0 ' s excess return will

The risk-free rate is 3.87% and you believe that the S&P 500's excess return will be 10.11% over the next year. If you invest in a stock with a beta of 1.46(and a standard deviation of 30%), what is your best guess as to its expected excess return over the next year?
The expected excess return of the stock over the next year is
%.(Round to two decimal places.)
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