6-8, As an Equity analyst you are concerned with what will happen to the required return to Universal Toddler Industries stock as market conditions change. Suppose r_RF=5%, r_M= 12%, and b_UTI=1.4. a. Under current conditions, what is rUTI, the required rate of return on UTI stock? b. Now suppose r_RF (1) increases to 6% or (2) decreases to 4%. The slope of the SML remains constant. How would this affect r_M and r UTI? c. Now assume r_RF remains at 5% but r_M (1) increases to 14% or (2) falls to 11%. The slope of the SML does not remain constant. How would these changes affect r_UIT?