Use the information below to answer the next two questions. State of the Economy Probability Stock X's Return Recession 7% -40% Below Average 25% Average 33% 10% Above Average 25% 20% Boom 10% 45% 15. Stock X's expected return is 16. Stock X's standard deviation of returns is 17. Booster Corporation has a beta of 1.8 and last year generated a return of 15% with a standard deviation of returns of 34%. The risk-free rate of interest is 5% and the market risk premium is 8%. The required return on Booster Corporation stock is