Mike, with the help of Stella, learns how to test the yogurt coming off of the production line. The process prints out a quality report, which indicates microbial quality, degree of pasteurization, and various other indicators. However, Mike discovers that the process slows down the work of employees who package the yogurt for shipment to the distribution center. What should Mike do

Mikkelson corporation's stock had a required return of 12.50% last year, when the risk-free rate was 3% and the market risk premium was 4.75%. then an increase in investor risk aversion caused the market risk premium to rise by 2%. the risk-free rate and the firm's beta remain unchanged. what is the company's new required rate of return? (hint: first calculate the beta, then find the required return.) do not round your intermediate calculations.