o not do any interim rounding, calculate the answer to six decimal places before converting to a percentage, state your answer as a percentage rounded to two places. For example, if the value is .095763 to six places, the answer would be 9.58. Do not use labels (%, $) Based on the Capital Asset Pricing Model assuming the securities are correctly priced and given the following information, what is the return on the market?

Security	Beta	Expected Return
Katmai Outfitters	1.21	12.20
Wrangell Adventures	0.83	8.35