If we want to estimate the expected return of a stock, the following information is collected on a monthly basis.

risk-free rate = 0.15%

risk premium = 0.86%

expected return on SMB = 0.36%

expected return on HML = 0.44%

expected return on PR 1YR = 0.962%

stock market beta = 0.88

SMB beta = 0.45

HML beta = -0.95

PR 1YR beta = 0.11

Estimate the expected return (in %) on the stock based on the Fama-French-Carhart Three-Factor Model.

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