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Stock A has a beta of 1.30, and its required return is 13.19%. Stock B's beta is 0.80. If the risk-free rate is 2.40%, what

Stock A has a beta of 1.30, and its required return is 13.19%. Stock B's beta is 0.80. If the risk-free rate is 2.40%, what is the required rate of return on B's stock? (Hint: First find the market risk premium.) Do not round your intermediate calculations. a. 8.60% b. 9.04% c. 8.30% d. 10.79% e. 9.59%

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Stock A has a beta of 1.30 , and its required return is 13.19%. Stock B's beta is 0.80 . If the risk-free rate is 2.40%, what is the required rate of return on B's stock? (Hint: First find the market risk premium.) Do not round your intermediate calculations. a. 8.60% b. 9.04% c. 8.30% d. 10.79% e. 9.59%

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