True or False Please provide the calculations and atleast 5 sentencesexplaning why the following sta

True or False Please provide the calculations and atleast 5 sentencesexplaning why the following statement is true or false. A stock’s beta is estimated to be 1.3. The riskfree rate is 5percent, and the market return is expected to be 9 percent. Theexpected return on the stock based on the Capital Asset PricingModel (CAPM) is 10.20%? . . .