Which statement regarding the required rate of return on a financial asset is NOT true? Select one: a. An equilibrium model such as Capital Assets Pricing Model can be used to calculate the required rate of return on the asset. b. A similar asset in the same class cannot be used to estimate the required rate of return on an asset because the two assets may represent different industries. c. Given future probabilistic returns on the asset, the expected rate of return can be calculated using the rule of expectations. This expected rate of return can then be used to estimate the required rate of return on the asset. d. Historical data on the asset can be used to calculate the sample mean of return, r, which could then be taken to be the required rate of return on the asset