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The beta for Cowboy Industries, Inc. is 1.5. The expected return on the market portfolio is 10.0% and the risk-free rate is 3.0%. If the

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The beta for Cowboy Industries, Inc. is 1.5. The expected return on the market portfolio is 10.0% and the risk-free rate is 3.0%. If the CAPM/SML is correct, what is Cowboy Manufacturing's required (expected) return? 13.5% 10.0% None of these are correct. 8.6% 17.0%

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