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> Question 25 8 pts Mikkelson Corporation's stock had a required return of 11.77% last year, when the risk-free rate was 5.50% and the market risk premium was 4.75%. The beta of the stock equals 1.32. An increase in investor risk aversion causes the market risk premium to rise by 2% to 6.75%. The risk-free rate and the firm's beta remain unchanged. What is the stock's new required rate of return using the Security Market Line equation ? 14.41% O 13.60% 0 14.25% O 12.93% O 11.77%