assume the following information about the market and JumpMaster's stock. JumpMaster's beta = 1.50, the risk free rate 2%, the market risk premium is 10.0%. Using CAPM, what is the expected return for JumpMaster's stock?

Expected market return = 17%

Explanation:

Given the Jump master’s beta = 1.50

Risk free rate = 2%

Market risk premium  = 10%

To find the expected return we have to use the below formula.

Expected market return = Riskfree rate + Beta × Market risk premium

Now insert all the values in order to get the expected market return.

Expected market return = 2 + 1.50 × 10

Expected market return = 17%

you can put this in your 11 sentence summary

" most of the money would be invested in innovation, economic convergence."