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What is the open circuit/no load Voltage on a 12V Dewalt Charger?

My 12V Dewalt charger reads 50V on no load/open circuit.
This seems very high to me.
Anyone know the cause or actual correct voltage it should be on open circuit????

Guido
June 2009
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Mend Power Tools, Circular Saws
Free repair help for Dewalt circular saws