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Hocking Manufacturing Company has a beta of 0.65, while Levine Industries has a beta of 1.40. The return on the stock market is 11.00%, and

Hocking Manufacturing Company has a beta of 0.65, while Levine Industries has a beta of 1.40. The return on the stock market is 11.00%, and the risk-free rate is 4.25%. What is the difference between Hocking's and Levine's required rates of return?

4.12%

4.34%

4.57%

4.81%

5.06%

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