Stock A has a beta of $1\mathrm{.}30,$ and its required return is $11\mathrm{.}76\%.$ Stock B$\text{'}$s beta is $0\mathrm{.}80.$ If the risk$-$free rate is $2\mathrm{.}40\%,$ what is the required rate of return on B$\text{'}$s stock? $($Hint: First find the market risk prer intermediate calculations.

a$.7\mathrm{.}20\%$

b$.7\mathrm{.}72\%$

nswered

$8\mathrm{.}16\%$

d$.8\mathrm{.}71\%$

e$.9\mathrm{.}36\%$