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Estimates of a firm's returns revealed that of the firm was 1.2, and the historical average market risk premium (MRP) over the past 5 years

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Estimates of a firm's returns revealed that of the firm was 1.2, and the historical average market risk premium (MRP) over the past 5 years has been 10.39%, and the current risk-free rate is 2.01%. What is the expected return of this stock based on the Capital Asset Pricing Model (CAPM). a. 14.48% b. 12.40% c. 12.47% d. 16.89%

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