Homework: Lab 11 Score: 0.33 of 1 pt 14 of 15 (13 complete) cnu %x Problem 11-35 wuestion Help At the beginning of 2014, Apple's beta was 1.2 and the risk-free rate was about 4.9%. Apple's price was $80.48. Apple's price at the end of 2014 was $190.71. If you estimate the market risk premium to have been 5.1%, did Apple's managers exceed their investors' required return as given by the CAPM? The expected return was 11.02 %. (Round to two decimal places.) The realized return was %. (Round to two decimal places.)