Company A has a beta of 0.70, while Company B's beta is 0.95. The required return on the stock market is 11.00%, and the risk-free rate is 4.25%. What is the difference between A's and B's required rates of return?

Select the correct answer.

a. 1.41%

b. 1.48%

c. 1.55%

d. 1.62%

e. 1.69%