Suppose the risk-free retum is 3.7% and the market portfolio has an expected return of...

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Suppose the risk-free retum is 3.7% and the market portfolio has an expected return of 10.7% and a standard deviation of 16%. Loblaw Companies Limited stock has a bete of 0.28. What is its expected retur? The expected return is %. (Enter your response as a percent rounded to two decimal places.)

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