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Question 1 1 pts A stock has a beta of 1.15, the expected return on the market (rm) is 10.3 percent, and the risk-free rate

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Question 1 1 pts A stock has a beta of 1.15, the expected return on the market (rm) is 10.3 percent, and the risk-free rate is 3.1 percent. What is re for this stock? (Do not round intermediate calculations and do not enter your answer as a percent. Round your answer to 3 decimal places, e.g., 0.315 instead of 31.5%.)

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