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23. Van Hohen purchased 500 shares of Homunculus Ine. stock at $15.10 per share on 1/1/2018. He sold the shares on 12/31/2018 for $16.50. Homunculus

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23. Van Hohen purchased 500 shares of Homunculus Ine. stock at $15.10 per share on 1/1/2018. He sold the shares on 12/31/2018 for $16.50. Homunculus stoek has a beta of 2.4. The current risk-free rate of return is 2.4%, and the market risk premium is 4.8%. Based on the CAPM, what is the required return on Homunculus inc. stock? a. 15.28% b. 13.92%. c. 11.23%. d. 9.77%

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