At the beginning of 2014, Apple's beta was 1.1 and the risk-free rate was about 5.1%. Apple's price was $82.46. Apple's price at the end of 2014 was $196.85. If you estimate the market risk premium to have been 6.8%, did Apple's managers exceed their investors' required return as given by the CAPM? The expected return was %. (Round to two decimal places.)