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The table displays estimates of a 2-factor model for GE, AAPL, WMT, and AMZN. The market risk premium is 5%, the financial intermediary risk premium

The table displays estimates of a 2-factor model for GE, AAPL, WMT, and AMZN. The market risk premium is 5%, the financial intermediary risk premium is 12%, and the risk-free rate is 2%.

GE AAPL WMT AMZN
Estimate p-value Estimate p-value Estimate p-value Estimate p-value
Intercept -7.2% 0.00 3.1% 0.07 1.1% 0.52 5.6% 0.02
Mkt-Rf 1.2 0.00 1.2 0.00 0.3 0.06 1.1 0.00
Financial Intermediary 0.1 0.06 -0.1 0.50 -0.7 0.00 -0.3 0.04

What should be the expected return on GE according to the 2-factor model?

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