Regression estimated beta & CAPM

CFA Level II
#1

est. beta = 1.18

Rm = 14%

Rf = 6.5%

what is the adjusted beta’s effect on CAPM?

#2

my attempt:

CAPM = .065 + 1.18(.14)

CAPM = .065 + .1652

CAPM = .2302

Answer = 14.9%

Does it matter whether it is regression or estimate beta?

#3

1.12