eBook Required Rates of Return Suppose that the risk-free rate is 3% and that the market risk premium 1. What is the required return on the market? Round your answer to two decimal places. 2. What is the required return on a stock with a beta of 1.17 Round your answer to two decimal places. 3. What is the required return on a stock with a beta of 2.12 Round your answer to two decimal places. ebook Required Rate of Return Suppose TRE = 4%, TM - 10%, and rA - 14%. a. Calculate Stock A's beta. Do not round intermediate calculations. Round your answer to two decimal places. b. If Stock A's beta were 1.1, then what would be A's new required rate of return? Do not round intermediate calculations. Round your answer to two decimal places