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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 return is

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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 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 Boeing Company is \%(show two decimal places, like this: 1.23 or 1.23)

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