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Siebling Manufacturing Companys common stock has a beta of .8. If the risk-free return is 7% and the market offers a premium of 5% over

Siebling Manufacturing Companys 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 Sierblings 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.)

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