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eBook Problem Walk-Through Beale Manufacturing Company has a beta of 1.8, and Foley Industries has a bea of 0.50. The required return on an index

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eBook Problem Walk-Through Beale Manufacturing Company has a beta of 1.8, and Foley Industries has a bea of 0.50. The required return on an index fund that holds the entire stock market is 115. The risk-free rate of interest is 45%. 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

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