Assume that the expected return for Canyon Buff Enterprise (CBE) is being calculated using the CAPM. CBE's beta is 1.5, the risk-free return is 3%, and the expected market return is 7%. What is the expected return for CBE? Instruction: Type your answer in the unit of percentage point, and round to three decimal places. E.g., if your answer is 0.0106465 or 1.06465%, should type ONLY the number 1.065, neither 0.0106465, 0.0106, nor 1.065%, because I already have percentage sign at the end of the problem. Otherwise, Blackboard will treat it as a wrong