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 5%, the expected risk premium on the market is 8%, the expected risk premium on the size factor is 3.8%, and the expected risk premium on the book-to-market factor is 3.7%. Market Size Book-to-market Ford 1.44 -0.27 0.66 Walmart 0.94 -0.36 -0.27 Citigroup 1.25 -0.52 1.05 Apple 1.45 -0.65 -1.08 Calculate the expected return on each stock. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Ford Walmart Citigroup Apple Expected return % % % %