Problem 8.04 (Expected and Required Rates of Return) Question 11 of 11 Check My Work (a remaining) eBook Assume that the risk-free rate is 4.5% and the market risk premium is 6%. What is the required return for the overall stock market? Round your answer to one decimal place. What is the required rate of retum on a stock with a beta of 0.77 Round your answer to one decimal place. 9 Check My Work (2 remaining) 0-an key