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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%

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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 riskfree rate, what is the expected return on Sierbling's common stock? Round to the nearget 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.)

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