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Mulherin's stock has beta of 1.23, its required return is 10.00%, and the risk-free rate is 2.30%. What is the required rate of return on

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Mulherin's stock has beta of 1.23, its required return is 10.00%, and the risk-free rate is 2.30%. What is the required rate of return on the market? (Hint: First find the market risk premium.) Do not round your intermediate calculations. O a. 9.59% ob 10.02% OC. 8.99% O d. 8.56% Oe. 7.96%

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