Beale Manufacturing Company has a beta of 1.4, and Foley Industries has a beta of 0.50. The required return on an index fund that holds the entire stock market is 10%. The risk-free rate of interest is 2.5%. By how much does Beale's required return exceed Foley's required return? Do not round intermediate calculations. Round your answer to two decimal places.

Calculate the required rate of return for Mudd Enterprises assuming that investors expect a 4.1% rate of inflation in the future. The real risk-free rate is 1.5%, and the market risk premium is 7.0%. Mudd has a beta of 1.8, and its realized rate of return has averaged 14.0% over the past 5 years. Round your answer to two decimal places.