1. A stock has an expected return of 10.4 percent, the risk-free rate is 3 percent, and the market risk premium is 5 percent. What must the beta of this stock be? (Round your answer to 2 decimal places. (e.g., 32.16))

Beta of stock?

2. A stock has an expected return of 11.5 percent, its beta is 1.65, and the expected return on the market is 9.2 percent. What must the risk-free rate be? (Round your answer to 2 decimal places. (e.g., 32.16))

Risk-free rate

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