Afarm grows soybean and produces chickens. the opportunity cost of producing each of these products increases as more of it is produced. draw the farm's ppf. label it ppf0. the farm adopts a new technology which allows it to use fewer resources to fatten chickens fatten chickens. draw a ppf that illustrates the impact of the new technology. label it ppf1.

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.