Using CAPM, Cisco has a beta of 1.2, a market risk premium of 6%, and a risk free rate of 1%. What must be Cisco's required return, rounded to just one decimal point. 7.2% 8.2% 10.5% O 9.7% A stock is expected to return 13 percent in an economic boom, 10 percent in a normal economy, and 3 percent in a recessionary economy. Which one of the following will lower the overall expected rate of return on this stock? An increase in the probability of an economic boom A decrease in the probability of a recession occurring An increase in the rate of return for a normal economy An increase in the rate of return for an economic boom