6. Problem 8.08 (Beta Coefficient) Given the following information, determine the beta coefficient for stock L that is consistent with equilibrium: fL=8.5%; ref =2.5%;r1=11.5. Round your ancwer to two decimal places. Continue without saving 7. Problem 8.09 (Required Rate of Return) Stock R has a beta of 2.5, 5tock 5 has a beta of 0.45, the required return on an average stock is 1146 , and the risk.free rate of return is 5%. By how much does the required retum on the riskier stock exceed the required return on the less risky stock? Round your answer to two decimal places. Beale Manufacturing Company has a beta of 1.4, and Foley Industries has a beta of 0.60. The required return on an index fund that holds the entire stock market is 9%. The riskfree rate of interest is 3.5\%. By how much does Beale's required retum exceed foley's required retum? Do not round intermediate calculations. Round your answer to two decimal piaces