Fiske Roofing Supplies' stock has a beta of 1.23, its required return is 8.50%, and the risk-free rate is 4.30%. What is the required rate of return on the market? (Hint: First find the market risk premium.) Select the correct answer. a. 7.71% b. 7.4496 C. 7.5396 d. 7.62% e. 7.80% S