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Bradford Manufacturing Company has a beta of 0.80, while Farley Industries has a beta of 0.60. The required return on an index fund that holds

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Bradford Manufacturing Company has a beta of 0.80, while Farley Industries has a beta of 0.60. The required return on an index fund that holds the entire stock market is 12.00%. The risk-free rate of interest is 3.5%. By how much does Bradford's required return exceed Farley's required return? 3.10% 1.70% 2.40% 3.10% 1.70%

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