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BrisbyMotors has a beta of 1.40, the T-bill rate is 3.00%, and the Tbond rate is 7.0%.The annual return on the stock market during the

BrisbyMotors has a beta of 1.40, the T-bill rate is 3.00%, and the Tbond rate is 7.0%.The annual return on the stock market during the past 3 years was 15.00%, but investors expect the annual future stock market return to be 13.00%.Based on the SML, what is the firm's required return?

Select one:

13.51%

15.40%

13.86%

14.58%

14.80%

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