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- why was 14% used and not 15 % in your previous answer ? u took 1000 000 X 14% WACRAnswer with in 3o mins to get a upvote?Is the second portion correct? I think it is missing a part. This is what I have: rstock = rrf + (rm - rrf) x bstock = 4.5% + (5% - 4.5%) x 1.5 = 5.25They get 12%. But they do not seem to remove the 4.5% from the 5% and then multiply by 1.5. Can you verify which is correct?