Vantage is a Transportation Software Company with four main subsidiaries. The percentage of its business coming from each of the subsidiaries, as well as their respective betas, are as follows: Subsidiary Percentage of Business Beta Electric utility 60% 0,70 Cable company 25% 0,90 Real estate 10% 1,30 International special projects 5% 1,50 Assume that the risk-free rate is 6% and that the market risk premium is 5%. What is the companys required rate of return? 1. 6,85% 2. 8,75% 3. 10,25% 4. 11,10%