Problem 6-20 (Algo) Required: Investors expect the market rate of return this year to be 12.00%. The expected rate of return on a stock with a beta of 1.5 is currently 18.00%. If the market return this year turns out to be 8.50%, how would you revise your expectation of the rate of return on the stock? (Do not round intermediate calculations. Round your answer to 1 decimal place.)

10 Problem 6-20 (Algo) 9.09 points Required: Investors expect the market rate of return this year to be 1200%. The expected rate of return on a stock with a beta of 15 is currently 18.00%. If the market return this year turns out to be 8.50%, how would you revise your expectation of the rate of return on the stock? (Do not round intermediate calculations. Round your answer to 1 decimal place) ook Revised rate of retum References