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P13-16 Using CAPM L04] A stock has an expected return of 14 percent, Its beta is 1.4, and the expected return on the market Is

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P13-16 Using CAPM L04] A stock has an expected return of 14 percent, Its beta is 1.4, and the expected return on the market Is 11 percent. What must the risk-free rate be? (Do not round your intermediate calculations.) 0 3.64% 0-140% 0 3.67% 0 3.32% 0 3.50%

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