Expected return-what must expected return on this stock be

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A stock has a beta of 1.08, the expected return on the market is 10.2 percent, and the risk-free rate is 4.85 percent.

Required: What must the expected return on this stock be? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).)

Expected return ____________%?

Reference no: EM13768893

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