1. The beta for Netflix's stock is 1.2. If the expected return on the market portfolio increases by 1.64%, by how much will the expected return on Netflix's stock change? Express your result in percent and round to two decimals (do not include the %-symbol in your answer). Enter increases as positive numbers, decreases as negative numbers.

2. You are trying to estimate the cost of equity for B&T Inc. The beta of B&T is 1.6, the risk free rate is 2.76%, and the expected return on the market portfolio is 9.6%. Using the CAPM estimate the cost of equity for B&T. Express the cost of equity in percent and round to two decimals (do not include the %-symbol in your answer).

3. XYZ Corp has a market capitalization of $329 million, a market value of debt of $90 million and no excess cash. You estimate that the cost of equity for this firm is 10.7% and its cost of debt is 4.3%. Calculate the unlevered cost of capital for XYZ. Express your answer in percent and round to two digits