What is the rate of return on the stock

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Investors expect the market rate of return this year to be 17%. A stock with a beta of 2.1 has an expected rate of return of 32%. If the market return this year turns out to be 13%, what is the rate of return on the stock? (Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place.

Reference no: EM131297510

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