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The risk-free rate of return is 2.5 percent and the market risk premium is 6.7 percent. What is the expected rate of return on a

The risk-free rate of return is 2.5 percent and the market risk premium is 6.7 percent. What is the expected rate of return on a stock with a beta of 1.2? Please enter your answer as a PERCENT rounded to 2 decimal places.

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