answer fast will upvote

Jay is reviewing his portfollo. He has a large amount tied up in U.S. Treasury bills paying 3.1%. He is considering moving some of his funds from the T-bills into a stock. The stock has a beta of 1.23. If Jay belleves the stock will eam 13.6% next year (a littie better than the expected market return of 12.4% ), should he buy the stock or leave his funds in the T-bill? The stock's required rate of return is \%. (Round to one cocimai place.) Should Jay buy the stock or leave his funds in the T-bili? (Select from the drop-down menus.) Since Jay's required rate of return the expected retum, he