Question: o not do any interim rounding, calculate the answer to six decimal places before converting to a percentage, state your answer as a percentage rounded
o not do any interim rounding, calculate the answer to six decimal places before converting to a percentage, state your answer as a percentage rounded to two places. For example, if the value is .095763 to six places, the answer would be 9.58. Do not use labels (%, $) Based on the Capital Asset Pricing Model assuming the securities are correctly priced and given the following information, what is the return on the market?
| Security | Beta | Expected Return |
| Katmai Outfitters | 1.21 | 12.20 |
| Wrangell Adventures | 0.83 | 8.35 |
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