Assume the yield curve is flat and the T-bill rate is 4%. The market return is 15%. The required rate of return for Stock A is 11.3%. An investor is forming a portfolio by investing $50,000 in stock A and $30,000 in stock B. Stock B has a beta of 1.20. What is the required rate of return on the investor's portfolio?

Stock	Required return	rRF	rM	Beta	Weight
A	11.3%
B

Select one:

a. 10.00%

b. 6.8%

c. 11.20%

d. 13.51%

e. 9.0%