At the beginning of 2007 (the year the iPhone was introduced), Apple's beta was 1.42 and the risk-free rate was about 4.76%. Apple's price was $81.03. Apple's price at the end of 2007 was $198.23. If you estimate the market risk premium to have been 5.14%, did Apple's managers exceed their investors' required return as given by the CAPM? The expected return is %. (P.ound to two decimal places.) At the beginning of 2007 (the year the iPhone was introduced), Apple's beta was 1.42 and the risk-free rate was about 4.76%. Apple's price was $81.03. Apple's price at the end of 2007 was $198.23. If you estimate the market risk premium to have been 5.14%, did Apple's managers exceed their investors' required return as given by the CAPM? The expected return is %. (P.ound to two decimal places.)