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The shares of stock of Rockport, Inc. have an expected return of 10.1 percent. The beta for this stock is .91 and the expected return
The shares of stock of Rockport, Inc. have an expected return of 10.1 percent. The beta for this stock is .91 and the expected return on the market is 10.8 percent. What must the risk-free rate be? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Risk-free rate %
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