What must the expected return on market be

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A stock has an expected return of 11.3 percent, its beta is 0.88, and the risk-free rate is 5.65 percent. Required: What must the expected return on the market be? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

Reference no: EM131581023

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