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Parr Paper's stock has a beta of 1.59. and its required return is 13%. Clover Dairy's stock has a beta of 1.51. If the risk-free

Parr Paper's stock has a beta of 1.59. and its required return is 13%. Clover Dairy's stock has a beta of 1.51. If the risk-free rate is 1.4%. what is the required rate of return on Clover's stock? (Hint: First find the market risk premium.) O 13.22% 12.029 O 12.42% O 13.62% 0 12.82%

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