Question: Problem 11-15 Using CAPM [LO 4] A stock has an expected return of 11 percent, its beta is.85, and the risk-free rate is 5.5 percent.
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Problem 11-15 Using CAPM [LO 4] A stock has an expected return of 11 percent, its beta is.85, and the risk-free rate is 5.5 percent. What must the expected return on the market be? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Market expected return
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