15 Using CAPM. A stock has an expected return of 11 percent, its beta is.85, and the risk-free rate is 5.5 percent. What must the expected return on the market be? 16 Using CAPM. A stock has an expected return of 11.90 percent and a beta of 1.15, andethe expected return on the market is 10.90 percent. What must the risk-free rate be