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Beale Manufacturing Company has a beta of 1.2 , and Foley industries has a beta of 0.60 , The required return on an index fund

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Beale Manufacturing Company has a beta of 1.2 , and Foley industries has a beta of 0.60 , The required return on an index fund that holds the entire stock murket is 10N. The risk: free rate of interest is 5.5%. By how much does beale's required return exceed Foley's required return? Do not roand intermed Sle caiculations. Round your answer to two decimat places

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