By how much does the required return on the riskier stock, Financial Management

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By how much does the required return on the riskier stock

Stock R has a beta of 2.2, Stock S has a beta of 0.55, the required return on an average stock is 12%, and the risk-free rate of return is 4%. By how much does the required return on the riskier stock exceed the required return on the less risky stock? Round your answer to two decimal places

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Financial Management: By how much does the required return on the riskier stock

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