48 of 55 Data for Dana Industries is shown below. Now Dana acquires some risky assets that cause its beta to increase by 20.0%. In addition, expected inflation increases by 0.90 percentage points. What is the stock's new required rate of return? Do not round your intermediate calculations. Initial beta 1.00 Initial required return (rs) 8.90% Market risk premium, RPM 6.00% Percentage increase in beta 20.00% Increase in inflation premium, IP 0.90% a. 11.18% b. 11.00% c. 10.38% d. 9.80% e. 10.10% Icon Key