Beale Manufacturing Company has a beta of 1.3, and Foley Industries has a beta of 0.80. The required return on an index fund that holds the entire stock market is 9%. The risk-free rate of interest is...

Beale Manufacturing Company has a beta of 1.3, and Foley Industries has a beta of 0.80. The required return on an index fund that holds the entire stock market is 9%. The risk-free rate of interest is 3.5%. By how much does Beale's required return exceed Foley's required return? Do not round intermediate calculations. Round your answer to two decimal places.