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If the expected return on the market is 8.67 percent, the inflation rate is 2.63 percent, the risk-free rate is 3.82 percent, and GlivCo common
If the expected return on the market is 8.67 percent, the inflation rate is 2.63 percent, the risk-free rate is 3.82 percent, and GlivCo common stock has a beta of 0.71, then what is the expected return for GlivCo stock? Answer as a rate in decimal form, rounded to 4 decimal places (for example, .1234 or .0987).
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