1. If the market expected return for the next year is 6%, the annualized 3-month T-Bill rate is 1.5%. Yahoo Finance lists F as having a Beta of 2.40. Label your answers for questions 1-5. a. According to CAPM, what is the expected return on F for the next year? Show work for partial credit. b. If your analysis on F's fundamentals yields an expected retum of 10%, then according to CAPM, is F over or under the security market line? Is F underpriced or overpriced? What is Fs alpha? Show work for partial credit. c. If the market expected return has been adjusted upward by 1%, how much should Fs expected return be adjusted? Show work for partial credit. d. What if the market expected return has been adjusted downward by 2%, then how much should Fs expected return be adjusted? Show work for partial credit. npare F with Johnson and Johnson (JNJ), what would you think JNJ's adjustments should be in the ations of c ) and d)? Why? (think about the kind of industry JNJ is in vs. the kind of industry F is in)