Question: You are trying to determine the fair return on a stock. The only information you have is the following: The beta is 1.1 The market

You are trying to determine the fair return on a stock. The only information you have is the following:

The beta is 1.1

The market risk premium is 6.2%

The risk-free rate is 3.7%

Given this information, what is your best guess at the the stock's fair return? Answer as a percent and round to 2 decimal places.

Need all function steps and answers thanks, i will give up later

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