Exam Question $8\mathrm{.}2.$ What is the expected market rate of return? LA Galaxy Corp. has a beta of $1\mathrm{.}20$ and the required rate of return for LA Galaxy Corp. is $12\%.$ The risk$-$free rate of return is $3\%,$ Over the last $10$ years, LA Galaxy Corp. has had an average rate of return of $10\%.$ Answer in X$.$XX$\%$ format without the percentage sign, so $x.xx.$