What is the required return on an investment with a beta of 1.0 if the risk-free rate is 1.3 percent and the return on the market is 7.7 percent? Round your answer to two decimal places.

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If the expected return on the investment is 11.2 percent, what should you do?

Since the expected return -Select-is greater or is less than the required return, the individual -Select- should or should not make the investment?