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You are holding a stock that has a beta of 2.4 and is currently in equilibrium. The required return on the stock is 20.4% and

You are holding a stock that has a beta of 2.4 and is currently in equilibrium.

The required return on the

stock is 20.4% and the return on a risk-free asset is 8%. What would be the return on the stock if the stock's

beta increased to 2.9 while the risk-free rate and market return remained unchanged?

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