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Beale Manufacturing Company has a beta of 1.9 , and Foley Industries has a beta of 0.95 . The required return on an index fund

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Beale Manufacturing Company has a beta of 1.9 , and Foley Industries has a beta of 0.95 . The required return on an index fund that holds the entire stock market is 13%. The risiefree rate of interest is 6.75%. By how much does Beale's required return exceed Foley's required return? Do not round intermed ate caiculations, Round your answer to two decimal piaces

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