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If the expected return on the market is 13.89 percent, the inflation rate is 2.05 percent, the risk-free rate is 4.69 percent, and Fairfax Paint
If the expected return on the market is 13.89 percent, the inflation rate is 2.05 percent, the risk-free rate is 4.69 percent, and Fairfax Paint common stock has a beta of 1.69, then what is the expected return for Fairfax Paint stock? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.
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