a. What is the required return for JJM? Round your answer to two decimal places. % b. Given the required return, what is the value of the stock? Round your answer to the nearest cent $ c. If the stock is selling for $162, what should you do? The stock overvalued and be purchased. d. If the beta coefficient declines to 1.1 , what is the new value of the stock? Round your answer to the nearest cent. $ e. If the price remains $162, what course of action should you take given the valuation in d ? The stock is and be purchased