A stock has a beta of 1.2. Assume that the risk-free rate is 4.9%, and the market risk premium is 4%. What is the stock's required rate of return?

Question 5 (1 point) A stock has a beta of 1.2. Assume that the risk-free rate is 4.9%, and the market risk premium is 4%. What is the stock's required rate of return? (Answer as a percent with 2 decimal places. For example, 10 percent should be entered as 10.00. Donot use the % sign.) Your