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The risk-free rate is 2.4% and the market risk premium is 5.0%. A stock has a beta of 1.0, what is its expected return of

The risk-free rate is 2.4% and the market risk premium is 5.0%. A stock has a beta of 1.0, what is its expected return of the stock? (Enter your answers as a percentage. For example, enter 8.43% instead of 0.0843.)

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