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The risk-free rate of return is currently 0.05, whereas the market risk premium is 0.04. If the beta of RKP, Inc., stock is 1.5, then

The risk-free rate of return is currently 0.05, whereas the market risk premium is 0.04. If the beta of RKP, Inc., stock is 1.5, then what is the expected return on RKP? Round to three decimal places.

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