Kao, an analyst at Butoh Analytics (BA), models the stock of the company. Suppose that the risk-free rate rRF = 5%, the required market return rM = 10%, the risk premium for small stocks rSMB = 3.2%, and the risk premium for value stocks rHML = 4.8%. Suppose also that Kao ran the regression for Butoh Analyticss stock and estimated the following regression coefficients: aBA = 0.00, bBA = 1.2, cBA = -20.4, and dBA = -1.3. If Kao uses a Fama-French three-factor model, then which of the following values correctly reflects the stocks required return?

-60.52%

-50.48%

-72.52%

-65.52%