Question: PLEASE TYPE IT OUT DONT HAND WRITE IT A stock has a beta of 1.7, the expected return on the market is 10 percent, and

PLEASE TYPE IT OUT DONT HAND WRITE IT
A stock has a beta of 1.7, the expected return on the market is 10 percent, and the risk-free rate is 4.7 percent. The expected return on this stock must be ______ percent. (Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 32.

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