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Reference table

CAPM Table: Expected return (CAPM) by Risk-free rate

Reference table of expected return (capm) for CAPM across a range of risk-free rate values — exact, engine-computed figures you can read off at a glance.

By Aarav Mehta, CFA, MBA Finance · Updated Jun 2026 · 1 min read

This capm reference table shows the expected return (capm) for a range of risk-free rate values, assuming a beta of 1.2 and an expected market return of 12%. Every figure is computed with the same engine that powers our CAPM Calculator, so the numbers are exact.

Risk-free rateExpected return (CAPM)Equity risk premium
1.8%14.040%12.240%
3.5%13.700%10.200%
5.3%13.340%8.040%
7%13.000%6.000%
11%12.200%1.200%
14%11.600%-2.400%
21%10.200%-10.800%
3%8.400%-21.600%

How to use this table

Find the row closest to your risk-free rate and read across to the expected return (capm). For a value between two rows, the real figure sits between them — or enter your exact numbers in the CAPM Calculator for a precise answer.

Need a value that is not in the table? — the CAPM Calculator does it instantly, for free, with the formula and a worked example built in.

Continue exploring finance calculators with these tools: SIP Calculator, EMI Calculator, CAGR Calculator, FD Calculator, Effective Annual Rate (EAR) Calculator.

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Frequently asked questions

Each cell is computed with the standard formula using exact arithmetic — the same calculation behind our CAPM Calculator — so every figure is accurate for the stated assumptions.

Yes. The table covers common risk-free rate values; for any exact figure, enter your own numbers in the CAPM Calculator.

Aarav Mehta · CFA, MBA Finance

Aarav reviews every finance formula on CalcHub for accuracy.