Question: Using CAPM [LO 4] A stock has an expected return of 11.2 percent, its beta is 0.87, and the risk-free rate is 5.6 percent. Required:

 Using CAPM [LO 4] A stock has an expected return of

Using CAPM [LO 4] A stock has an expected return of 11.2 percent, its beta is 0.87, and the risk-free rate is 5.6 percent. Required: What must the expected return on the market be? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) Expected return %

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