Siebling Manufacturing Company's common stock has a beta of .8. If the risk-free return is 7% and the market offers a premium of 5% over the risk-free rate, what is the expected return on Sierbling's common stock? Round to the nearset hundredth percent. Answer in the percent format. Do not include : sign in your answer (i.e. If your answer is 4.33%, type 4.33 without a % sign at the end.)