What must the risk-free rate be

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A stock has an expected return of 15.9 percent, a beta of 1.70, and the expected return on the market is 10.10 percent. What must the risk-free rate be? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

Risk-free rate

Reference no: EM131356955

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