B eBook Fama-French Three-Factor Model An analyst has modeled the stock of a company using the Fama-French three-factor model. The market return is 9%, the return on the SMB portfolio (sm) is 3.7%, and the return on the HML portfolio (HM) is 4.5%. If a; - 0,- 1.2, Q = -0.4, and d = 1.3, what is the stock's predicted return? Do not round Intermediate calculations. Round your answer to two decimal places