The expected market return is LaTeX: E(Rm) )is estimated to be 12% per annum, while the risk-free return (LaTeX: r_frf) is 3%. What is the expected return of Starbucks (SBUX) stock given the below beta estimate?

yahoo! finance Search for news, symbols or com Finance Home Watchlists My Portfolio Screeners Premi Starbucks Corporation (SBUX) NasdaqGs - NasdaqGs Real Time Price. Currency in USD Add to watchlis 73.78 -0.25 (-0.34%) At close: July 2 4:00PM EDT Summary Company Outlook Chart Conversations Stat Previous Close 74.03 Market Cap 86.197B Open 75.04 0.80 Beta (5Y Monthly) PE Ratio (TTM) Bid 73.80 x 900 26.17 Ask 73.98 x 1000 EPS (TTM) 2.82 Day's Range 73.64 - 75.09 Earnings Date Jul 28, 2020