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FINA 2 2 0 1 Enterprise ( a publicly traded company ) has a beta of 1 . 5 . The required rate of return

FINA 2201 Enterprise (a publicly traded company) has a beta of 1.5. The required rate of return on the stock is 12.00% versus a required return on an average stock (hint: the market) of 10.00%. Now the required return on an average stock increases by 30.0%(not percentage points). Neither betas nor the risk-free rate change. What would FINA 2201 Enterprise's new required return be? Show all work for partial credit.
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