A stock has an expected return of 11.85 percent, its beta is 1.08, and the risk-free rate is 3.9 percent. What must the expected return on the market be? Input area: Stock E(R) Stock beta Risk-free return (Use cells A6 to B8 from the given information to complete this question.) Output area: 11.85% 1.08 3.90% Market E(R) 1126.00% +

I need the excel function please.

A stock has an expected return of 11.85 percent, its beta is 1.08 , and the risk-free rate is 3.9 percent. What must the expected return on the market be? Input area: (Use cells A6 to 88 from the given information to complete this question.)