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Stock A's stock has a beta of 1.30, and its required return is 10.75%. Stock B's beta is 0.80. If the risk-free rate is 4.75%,

Stock A's stock has a beta of 1.30, and its required return is 10.75%. Stock B's beta is 0.80. If the risk-free rate is 4.75%, what is the required rate of return on B's stock? (Hint: First find the market risk premium.) Select the correct answer. a. 8.30% b. 8.37% c. 8.44% d. 8.51% e. 8.58%

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