By how much does bradford required return exceed

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Bradford Manufacturing Company has a beta of 2.3, while Farley Industries has a beta of 0.40. The required return on an index fund that holds the entire stock market is 11.5%. The risk-free rate of interest is 5.00%. By how much does Bradford's required return exceed Farley's required return? Round your answer to two decimal places.

Reference no: EM13302501

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