6. (j At this time, the reu free rate (rRF) is 2.7S%. If the beta o return on stock x. (n The market risk aversion has increased for a variety of reasons. As a result, the required return on the market portfolio (rM) has increased to 10.5%, but since the inflationary expectation is concerned, there is no cha nge, and so the risk free rate remains steady. But because of perception of heightened risk, the market now ascribes a h igher beta to stock X, the new beta being 1.55. Calculate the new required return on stock X. What percentage increase is this one above the previous one? (Question 6 worth 25 Points)