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At the beginning of 2014, Apple's beta was 1

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At the beginning of 2014, Apple's beta was 1.1 and the risk-free rate was about 4.7%. Apple's price was $82.93. Apple's price at the end of 2014 was $194.45. If you estimate the market risk premium to have been 5.2%, did Apple's managers exceed their investors' required return as given by the CAPM? The expected return was D%. (Round to two decimal places.)