Question 9 Homework Unanswered What is the CAPM required return of a stock with a beta of 0.8 if the risk-free rate is 1.0% and the expected market return is 5.3%? Answer in percent, rounded to two decimal places. (e.g., 4.32% = 4.32). [Hint: CAPM required return = Risk-free rate + beta x [expected market return - risk-free rate). Mind your order of operations!] Numeric Answer: 5.24 You are incorrect 5.24 Hint Names Modern Careful that you are given the expected market return, not expected market risk premium. Also, order of operations: parenthe: multiplication, then addition. Answered - Incorrect 2 attempts left Change your responses to resubmit