1. The beta for Ford is 1.2. The risk-free rate is 2.6% and the return on the market is 6.6%. What is the expected return on Ford's stock? Round your answer to four decimal places.
2. The risk-free rate is 2.26% and the expected return on the market is 8.83%. What is the market risk premium? Round your answer to 2 decimal places.
3. The required equity return for Panera is 11.6%. If the risk-free rate is 1.2% and the market risk premium is 7.6%, what is Panera's beta? Round your answer to four decimal places.