ime Left:2:27:51 Austin Jones: Attempt 1 Question 7 (4 points) What is the expected return for the following stock? (State your answer in percent with one decimal place.) Outcomes possible returns Probability better 36% 14% same 20% 32% worse 17% 54% 18.21% 20.62% 22.33% 23.61% 25.38% Question 8 (4 points) You are holding a stock that has a beta of 1.85 and is currently in equilibrium. The required return on the stock is 28.95%, and the return on the market portfolio is 18.00%. What would be the new required return on the stock if the return on the market increased to 25.00% while the risk-free rate and beta remained unchanged? 34.40% 51.37% 28.95% 47.38% 41.90%