The risk-free rate ( rRF ) is 8%, while the return on the market portfolio ( rM ) is 15%. Any remaining relevant data is given in the following table:…

1.1

1) Using an APT model, calculates that LE’s required rate of return is   ……… .

2) If we used the Capital Asset Pricing Model, we would have calculated that LE’s required rate of return is  ……….  .