The best time for a manager to practice a democratic leadership style is when the manager wants: a. Little or no feedback
b. Unresponsive employees
c. To assume control
d. Employee input
e. Unmotivated employees

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.