QUESTION 8 Suppose that during the next year the interest rate on the U.S. Treasury bills is expected to be 1.2% and S&P 500's risk premium over the risk-free rate is expected to be 8%. IF XYZ stock's beta is 1.5, the required rate of return on XYZ stock next year is 102% O 11.45 12.0% 132% 0 none of the above