You have the following expectations about market returns and interest rates on T-bills: T-Bill Rate Market Rate Probability RF Probability RM 0.1 0.02 0.1 -0.1 0.2 0.03 0.2 0.15 0.4 0.06 0.4 0.33 0.2 0.08 0.2 0.30 0.1 0.10 0.1 0.40 The beta of Biqing Company is 0.62. What rate of return should you require on the stock of Biqing Company?
a. 12.69%
b. 12.18%
c. 15.22%
d. 15.78%
e. 17.44%
f. 17.83%