i am confused about why the second rf value is not factored in i got a differenr answer

11.14 Using CAPM. A stock has an expected return of 11.4 percent, the risk-free rate is 3.7 percent, and the market risk premium is 7.1 percent. What must the beta of this stock be? E(R) = R+ [E(R-RJ B, thi Why is not .114 .037 +.071B1a %3D B 1.08 CAPM. A stock has an exnected return of 10 9 nercent ite heta ie in this ea 11:15.Using 5 and