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Question 16 5 pts Company X has a beta equal to 1.98 and you are looking to find the expected rate of return for Company

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Question 16 5 pts Company X has a beta equal to 1.98 and you are looking to find the expected rate of return for Company X stock. If the risk- free rate of return is 5.0% and the expected return on the market is 8.7%, what is the expected rate of return for the company's stock? Submit your answer in decimal equivalent form to 4 decimal places, that is write .0601 and not 6.01%

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