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The variance of the market returns is 0.0650 , and the covariance of the returns on 5ky50ng stock and the market is 0.08450 . If

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The variance of the market returns is 0.0650 , and the covariance of the returns on 5ky50ng stock and the market is 0.08450 . If the riskfree rate is 6.5 percent and the market risk premium is 8.5 percent, what is the required rate of return of Skysong? (Round answer to 2 decimal ploces, e.g. 2.36\%)

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