On the basis of an analysis of past returns and inflationary expectations, Annie feels that the expected return on stocks in general is 12 percent. The risk-free rate on short-term treasury securities is now 7 percent. Annie is particularly interested in the return prospects for Ogyam Electronics Ltd. Based on the monthly data for the past five years; she has fitted a characteristic line to the responsiveness of excess returns of the stock to the excess returns of the S &P 500 Index and has found the slope of the line to be 1.67. If financial markets are believed to be efficient, what return can she expect from investing in Ogyam Electronics Ltd.