Question: The expected return on HiLo's stock is 14.50 percent, while the expected return of the market is 11.0 percent. The beta version of HiLo is

The expected return on HiLo's stock is 14.50 percent, while the expected return of the market is 11.0 percent. The beta version of HiLo is 1.5. What is the risk-free rate of return?

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