Mulherin's Stock Has a Beta of 1

Question 139
Multiple Choice

Mulherin's stock has a beta of 1.23,its required return is 10.00%,and the risk-free rate is 2.30%.What is the required rate of return on the market? (Hint: First find the market risk premium. )Do not round your intermediate calculations. A) 9.59% B) 10.02% C) 8.56% D) 7.96% E) 8.99%