Required Rate of Returns Suppose that the risk-free rate is 3% and that the market risk premium is 8%. What is the required rate of return on a stock with a beta of 1.1? Round your answer to two decimal places. % What is the required rate of return on a stock with a beta of 0.7? Round your answer to two decimal places. % What is the required rate of return on the market? Round your answer to two decimal places. %