A stock has a required retum of 15%, the risk-free rate is 5.5%, and the market risk premium is 5%. a. What is the stock's beta? Round your answer to two decimal places. your anseer to tab decimal places. 1. If the stock's beta is less than 1.0, then the change in required rate of retum will be greater than the change in the market risk premiam. It. If the stock's beta is greater than 1.0, then the change in required rate of return wil be less than the change in the market risk premium. II. If the stock's beta is equal to t.0, then the change in reguired rate of return wal be greater than the change in the market risk premium. N. If the stock's beta is equal to 1.0, then the change in required rate of return will be less than the change in the market risk premim. K. If the stock's beta is greater than 1.0, then the change in required rate of retum wit be greater than the change in the manket risk premium. Stork's requtred rate of return will be