(Capital asset pricing model)

The expected return for the general market is 10.4 percent, and the risk premium in the market is 3.5 percent. Tasaco, LBM, and Exxos have betas of 0.802, 0.625, and 0.577, respectively. What are the corresponding required rates of return for the three securities?

a. Using the CAPM, the corresponding required rate of return for Tasaco is _____%. (Round to two decimal places.)

b. Using the CAPM, the corresponding required rate of return for LBM is _____%. (Round to two decimal places.)

c. Using the CAPM, the corresponding required rate of return for Exxos is _____%. (Round to two decimal places.)