You are holding a stock with a beta of 2.0, a required return of 15%, and an average stock return of 10%. If the average stock return increases by 30% while the risk-free rate remains unchanged, what is the percentage change in the return on your stock?
a) 40%
b) 30%
c) 50%
d) 60%
a) 40%
b) 30%
c) 50%
d) 60%