Nagel equipment has a beta of 0.88 and an expected dividend growth rate of 4.00% per year. the t-bill rate is 4.00%, and the t-bond rate is 5.25%. the annual return on the stock market during the past 4 years was 10.25%. investors expect the average annual future return on the market to be 14.75%. using the sml, what is the firm's required rate of return? do not round your intermediate calculations. a. 11.57% b. 14.70% c. 12.25% d. 12.11% e. 13.61%

As a result of a labeling mistake at the chemical factory, a farmer accidentally sprays weedkiller rather than fertilizer on half her land. as a result, she loses half of her productive farmland. if the property of diminishing returns applies to all factors of production, she should expect to seea. a decrease in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. b. an increase in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. c. an increase in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor. d. a decrease in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor.