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P5-2 The estimated betas for AOL Time Warner, J.P. Morgan Chase & Company, and Boeing Company are 2.25,1.55, and 0.75, respectively. The risk-free rate of

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P5-2 The estimated betas for AOL Time Warner, J.P. Morgan Chase \& Company, and Boeing Company are 2.25,1.55, and 0.75, respectively. The risk-free rate of 4.25 percent and the equity risk premium is 7.04 percent. Calculate the required rates of return for these three stocks using the CAPM. 1 point The required return for J.P. Morgan Chase \& Co. is \% (show two decimal places, like this: 1.23 or 1.23)

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