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3. Calculate the required rate of return for Climax Firm's stock, assuming that (1) the risk-free rate is 7.0%, (2) the market's required rate of

3. Calculate the required rate of return for Climax Firm's stock, assuming that (1) the risk-free rate is 7.0%, (2) the market's required rate of return is 12.0%, (3) the firm has a beta of 1.00. A. 10.29% ?. 10.83% C. 11.40% D. 12.00% E. 12.60%

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