1. In the table below you have given returns for share X, share Y and the market

In the table below you have given returns for share X, share Y and the market

Year	Average annual returns
	Share X	Share Y	Market return
1	12%	22%	15%
2	9%	8%	13%
3	7%	19%	14%
4	-1%	-10%	-9%
5	11%	20%	12%
6	4%	13%	9%

Calculate the value of: total risk, relative risk and systematic risk for shares X and Y from the information given in the above table.

Calculate the required rate of return for each share assuming that the risk-free rate of return is 6% p.a. (based this on the CAPM methodology).