disregard the 2nd photo

3. A stock has a required retum of 11%; the risk-free rate is 3.5%, and the market risk premium is 6% a. What is the stock's beta? Round your answer to two decimal places. b. If the market risk premium increased to 8%, what would be the new stock's required rate of return? Round your answer to two decimal places. 4. Assume that the risk-free rate is 5.5% and the required return on the market is 12%. What is the required rate of return on a stock with a beta of 2