The stock of Arbor Pet Trees $($APT$)$ is priced based on the given systematic risk factors. Estimated sensitivities to these risk factors are given by the betas of the regression

$R_{\text{A}\text{P}\text{T}}-R_{rf}={}_{\text{c}\text{r}\text{e}\text{d}\text{i}\text{t}}{R}_{\text{c}\text{r}\text{e}\text{d}\text{i}\text{t}}+{}_{\text{v}\text{a}\text{l}\text{u}\text{e}}{R}_{\text{v}\text{a}\text{l}\text{u}\text{e}}+a+$

$\backslash$table$[[$Factor$,$Risk Premium,Beta$],[$Credit Risk,$4\mathrm{.}9\%,1\mathrm{.}2],[$Valuation Risk,$5\%,0\mathrm{.}6],[$Risk$-$free rate,$2\mathrm{.}9\%,]]$

What is the expected return on the stock of Arbor Pet Trees if the stock is fairly valued?