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You are interested in investing in a stock with a required rate of return of 9.53%. The risk free rate is 3.42% and the market

You are interested in investing in a stock with a required rate of return of 9.53%. The risk free rate is 3.42% and the market risk premium is 2.37%. Calculate the return on the market. You answer should be in percent to two decimals (example 5,03%)

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