The local stock index is expected to rise by 20% over the coming year. The local T-bill yield is 3%. Cool Technologies is currently trading at $40.50 per share and its beta is 2.3. You are considering buying 1,000 shares of Cool Technologies. Cool Technologies bid price is $40, and its ask price is $41

Your minimum required rate of return on Cool Technologies is-----------%.

a.49.90% b. 52.90% . 42.10% d. 39.10%