Washington Inc. has a beta of 1.28 while Carver Co. has a beta of 0.90 . The required return on an index fund that holds the entire stock market is 9.5% and the risk-free rate of interest is 4%. By how much does Washington's required return exceed Carver's required return? 1.58% (B) 1.75% (C) 2.09% (D) 2.97% (E) 3.48%