10-5 If the risk free rate or return rRF = 9%, market average return rM = 13%, beta b = 1.6, what's the required rate of return for equity capital, using CAPM model? 10-6 If a firm's bond rate is 12%, the risk premium is estimated as 4%, what's the required rate of return for equity capital rs? 10-7 Questions 10-4 (a), 10-5, and 10-6 represent three approaches to calculate required rate of return for equity capital, if you have equal confidence for all three approaches, what's the average required rate of return for equity capital