Ripken Iron Works faces the following probability distribution:

Magee Company's stock has a beta of $1\mathrm{.}50,$ the risk$-$free rate is $3\mathrm{.}00\%,$ and the market

risk premium is $6\mathrm{.}00\%.$ What is Magee's required return?

Determine the beta coefficient for stock A that its expected return is $10\%,$ the risk$-$free

rate is $3\%,$ and the market return is $9\%.$