(Capital Asset Pricing Model) Breckenridge, Inc., has a beta of 0.82. If the expected market return...

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(Capital Asset Pricing Model) Breckenridge, Inc., has a beta of 0.82. If the expected market return is 11.0 percent and the risk-free rate is 5.5 percent, what is the appropriate expected return of Breckenridge (using the CAPM)? The appropriate expected return of Breckenridge is %. (Round to two decimal places.) (Capital Asset Pricing Model) Breckenridge, Inc., has a beta of 0.82. If the expected market return is 11.0 percent and the risk-free rate is 5.5 percent, what is the appropriate expected return of Breckenridge (using the CAPM)? The appropriate expected return of Breckenridge is %. (Round to two decimal places.)