Nagla'a has invested her money in Widget Inc.'s common stock. She estimates that the stock has a bet of 1.24, and the expected return on the market is 10 percent. Given that the risk-free rate is 4.5 percent, what is the stock's expected return? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Expected return 1%