Required rate of return stock r has a beta of 24 stock s, Financial Management

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Required rate of return stock r has a beta of 24 stock s

Required Rate of Return Stock R has a beta of 2.4, Stock S has a beta of 0.65, the expected rate of return on an average stock is 13%, and the risk-free rate is 6%. By how much does the required return on the riskier stock exceed the required return on the riskier stock exceed that on the less risky stock? Round your answer to two decimal places. %

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Financial Management: Required rate of return stock r has a beta of 24 stock s

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