Assume that investors have recently become less risk averse, so the market risk premium has decreased. Also, assume that the risk-free rate and expected inflation have not changed. Which of the following is most likely to occur?

		The required rate of return for a stock with a beta of 1 will increase.
		The required rate of return for a stock with a beta of 1 will decrease.
		The required rate of return for a stock with a beta of 1 will remain unchanged.
		The required rate of return for a stock with a beta of 1 can decrease, increase or remain unchanged depending on the investor's preferences.