Question: Problem 11-33 Question Help You are analyzing a stock that has a beta of 1.24. The risk-free rate is 3.6% and you estimate the market

Problem 11-33 Question Help You are analyzing a stock that has a beta of 1.24. The risk-free rate is 3.6% and you estimate the market risk premium to be 6.7%. If you expect the stock to have a return of 13.1% over the next year, should you buy it? Why or why not? The expected return according to the CAPM is %. (Round to two decimal places.)
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