Check My Work (3 remaining) 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 8%, the return on the SMB portfolio (CMB) is 3.4%, and the return on the HML portfolio (THML) is 5.2%. If a = 0, bi = 1.2,9 = -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