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Suppose the risk-free return is and the market portfolio has an expected return of and a standard deviation of . Johnson & Johnson Corporation stock

Suppose the risk-free return is and the market portfolio has an expected return of and a standard deviation of . Johnson & Johnson Corporation stock has a beta of . What is its expected return?

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Suppose the risk-free return is 4.2% and the market portfolio has an expected return of 11.4% and a standard deviation of 16%. Johnson & Johnson Corporation stock has a beta of 0.30. What is its expected return? The expected return is %. (Round to two decimal places.)

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