Stock r has a beta of 23 stock s has a beta of 030 the

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Stock R has a beta of 2.3, Stock S has a beta of 0.30, the expected rate of return on an average stock is 9%, and the risk-free rate of return is 4%. By how much does the required return on the riskier stock exceed the required return on the less risky stock? Round your answer to two decimal places.

Reference no: EM13566838

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