13. You have gathered the following information about XYZ stock and the risk premia associated with this stock (according to your model):

Risk factor	Beta	Premium
Trade risk	2	0.5%
Consumer confidence risk	1	1.5%
Innovation risk	3	1%

Given that you believe the US T-bill will yield 1% over the foreseeable future, what is the expected return on XYZ stock using your model?

[Please give your answer in decimal format to the second decimal place. Thus if the answer you compute is +5.3948% please write simply 5.39]