Problem 8-21 Three-factor model The following table shows the sensitivity of four stocks to the three Fama-French factors. Assume the interest rate is 3%, the expected risk premium on the market is 6%, the expected risk premium on the size factor is 3.2%, and the expected risk premium on the book- to-market factor is 4.2%. Market Size Book-to-market Ford 1.39 -0.22 0.71 Walmart 0.84 -0.41 -0.32 Citigroup 1.20 -0.47 1.00 Apple 1.40 -0.60 -0.78 Calculate the expected return on each stock. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Ford Expected return % % Walmart Citigroup Apple