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The risk-free rate is 5.8%, the market risk premium is 6%, and the stocks beta is 2.5. What is the required rate of return on

The risk-free rate is 5.8%, the market risk premium is 6%, and the stocks beta is 2.5. What is the required rate of return on the stock, E(Ri)?

Use the CAPM equation.

Note: Enter your answer rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 0.12345 then enter as 12.35 in the answer box.

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