Jay is reviewing his portfolio. He has a large amount tiod up in U.S. Treasury bills paying 2.6%. He is considering moving some of his funds from the Tblts into a stock. The stock has a beta of 1.34 . If Jay betieves the stock will earn 14.7% next year (a iltte better than the expected market raturn of 12.9% ), shoud he buy the stock or leave his funds in the T-bill? The stock's required rate of retum is \%. IRound to one decimal place.)