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The risk-free rate is 2.72% and the expected return on the market 8.59%. A stock with a of 1.57 will have an expected return of

The risk-free rate is 2.72% and the expected return on the market 8.59%. A stock with a of 1.57 will have an expected return of ____%.

Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

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