alculations. What is the required return for JJM? Round your answer to two decimal places. % . Given the required return, what is the value of the stock? Round your answer to the nearest cent. $ 2. If the stock is selling for $157, what should you do? The stock overvalued and be purchased. 1. If the beta coefficient declines to 1.2 , what is the new value of the stock? Round your answer to the nearest cent. If the price remains $157, what course of action should you take given the valuation in d ? The stock is and be purchased