Munit not working for studio 7.5.1 - error creating inner bean

Here are the specification:

runtime: 4.3.0

studio: 7.5.1

Munit: 2.5.1

I was not able to run basic Munit on the latest studio

org.springframework.beans.factory.BeanCreationException: Error creating bean with name 'commercial-businessapp-sys-implementation-test-suite-sendLeadStatusToBusinessAppFlowTest': Cannot create inner bean '(inner bean)#3519b0c9' of type [org.mule.munit.runner.component.factory.TestProcessorChainFactory$$EnhancerByCGLIB$$7a5c86fd] while setting bean property 'processorChains' with key [0]; nested exception is org.springframework.beans.factory.BeanCreationException: Error creating bean with name '(inner bean)#3519b0c9': Cannot create inner bean '(inner bean)#3d83bfca' of type [org.mule.runtime.module.extension.internal.config.dsl.operation.OperationMessageProcessorObjectFactory$$EnhancerByCGLIB$$7938fabb] while setting bean property 'messageProcessors' with key [0]; nested exception is org.springframework.beans.factory.BeanCreationException: Error creating bean with name '(inner bean)#3d83bfca': Cannot create inner bean '(inner bean)#553cd3c' of type [org.mule.runtime.module.extension.internal.config.dsl.parameter.TopLevelParameterObjectFactory$$EnhancerByCGLIB$$56b31a01] while setting bean property 'parameters' with key [<<thenReturn>>]; nested exception is org.springframework.beans.factory.BeanCreationException: Error creating bean with name '(inner bean)#553cd3c': Cannot create inner bean '(inner bean)#79c2233a' of type [org.mule.runtime.module.extension.internal.config.dsl.parameter.TopLevelParameterObjectFactory$$EnhancerByCGLIB$$56b31a01] while setting bean property 'parameters' with key [<<payload>>]; nested exception is org.springframework.beans.factory.BeanCreationException: Error creating bean with name '(inner bean)#79c2233a': FactoryBean threw exception on object creation; nested exception is org.mule.runtime.core.api.config.ConfigurationException: Element 'test' is not defined in the Mule Registry