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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

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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 return is 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 AOL Time Warner is type your answer... \% (show two decimal places, like this: 1.23 or 1.23 )

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