Recession 20 .069 Normal .40 .135 Boom 25 215 Fill in the values in the spreadsheet. Problem 3 A stock has an expected return of 12.4 percent and a beta of 1.37. The market expected return is 10 percent. What must the risk-free rate be? Fill in the values in the spreadsheet. Problem 4 Problem 5 Ne Previous o Ri 99