Question: Problem 11-15 Using CAPM (LO 4] A stock has an expected return of 11.1 percent, its beta is.86, and the risk-free rate is 5.55 percent.

 Problem 11-15 Using CAPM (LO 4] A stock has an expected

Problem 11-15 Using CAPM (LO 4] A stock has an expected return of 11.1 percent, its beta is.86, and the risk-free rate is 5.55 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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