Problem 7.14 a1-a2 Assume the expected return on the market is 12 percent and the risk-free rate is 4 percent. What is the expected return for a stock with a beta equal to 1.50? (Round answers to 2 decimal places, e.g. 15.25.) Expected return What is the market risk premium? (Round answers to 2 decimal places, e.g: 15.25.) Market risk premium