A stock has a required return of 14%, the risk-free rate is 2.5%, and the market risk sremium is 4%. a. What is the stock's beta? Round your answer to two decinal pleces. b. If the market risk premiuen increased to 6%, what would happen to the stock's requered rate of return? Acsume that the risk free rate and the beta remain unchanged. Do not round intermediate calculations. Roand your answer to two decimal places. 1. If the stock's beta is greater than 1.0, then the change in recuired rate of return will be less than the change in the market risk premtim. 11. If the stock's beta is equal to 1.0, then the change in regured rate of retum will be greater than the change in the market rirk premium. 11t. If the stock's beta is equal to 1.0, then the change in required rate of return will se less than the change in the market risk premim. W. If the stockes beta is greater than 1.0, then the change in required rate of return wal be greater than the change in the market nik premim: V. If the stock's beta is less than 1.0, then the change in reaured rate of retum wit be greater than the change is the maket risk oremium. Stock's requifed rate of return witi be