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Stock A ' s stock has a beta of 1 . 3 0 , and its required return is 1 5 . 2 5 %

Stock A's stock has a beta of 1.30, and its required return is 15.25%. Stock B's beta is 0.80. If the riskfree rate is 2.75%, 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.10.44%
b.9.40%
c.11.38%
d.12.22%
e.10.76%
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