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Below are returns on the stock A and S&P500 index. All numbers are in decimals (-0.0222 is equivalent to -2.22%). A S_P500 -0.0222 0.0032 -0.0048

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Below are returns on the stock A and S&P500 index. All numbers are in decimals (-0.0222 is equivalent to -2.22%). A S_P500 -0.0222 0.0032 -0.0048 -0.0058 0.1333 0.0434 0.0765 0.1081 -0.0161 -0.0121 0.1250 0.1400 0.0145 0.0368 -0.0475 -0.0454 0.0430 0.0577 -0.0260 -0.1374 0.0071 0.0064 0.0249 0.0186 0.0850 0.0215 -0.0624 -0.0752 0.0933 0.0365 0.0456 0.0528 -0.0632 -0.0131 0.0450 0.0009 0.0200 0.0017 0.0280 0.0985 Suppose that the next S&P500 return will be 7%. Use the CAPM model to calculate the expected return on the stock A. Assume the risk-free rate of 1%. Please write an answer in decimals. For example, 12.34% would be 0.1234. Also, round your answer to the fourth decimal

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