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The beta for Netflix's stock is 1.2, the current risk-free rate (rf) is 2% and the current expected return on the market portfolio (E(rm)) is
The beta for Netflix's stock is 1.2, the current risk-free rate (rf) is 2% and the current expected return on the market portfolio (E(rm)) is 7%. If the expected return on the market portfolio increases by 0.85%, by how much will the expected return on Netflix's stock change? Express your result in percent and round to two decimals (do not include the \%-symbol in your answer). Enter increases as positive numbers, decreases as negative numbers
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