Assume that the market is in equilibrium and that stock betas can be estimated with historical data. The returns on the market, the returns on United Fund (UF), the risk-free rate, and the required return on the United Fund are shown below. Based on this information, what is the required return on the market, ? Year Market UF 2011 9% 14% 2012 11% 16% 2013 15% 22% 2014 5% 7% 2015 1% 2% : 7.00%; rUnited: 85.00%; Select the correct answer. a. 59.30% b. 59.20% c. 59.10% d. 59.00% e. 58.90%