Attempts Keep the Highest / 5 1. Problem 8.10 (CAPM and Required Return) Beale Manufacturing Company has a beta of 1.4, and Foley Industries has a beta of 0.70. The required retum on an index fund that holds the entire stock market is 12%. The riskfree rate of interest is 2.5%. By how much does Beale's required return exceed Foley's required return? Do not round intermediate caloulations. Round your answer to two decimal places. % Attempts Keep the Highest / 5 1. Problem 8.10 (CAPM and Required Return) Beale Manufacturing Company has a beta of 1.4, and Foley Industries has a beta of 0.70. The required retum on an index fund that holds the entire stock market is 12%. The riskfree rate of interest is 2.5%. By how much does Beale's required return exceed Foley's required return? Do not round intermediate caloulations. Round your answer to two decimal places. %