13. 2% and a beta of 1.05. The risk-free rate is Asset A has an expected return of 12% and a beta of 1.05. Then 4%. What is the market risk premium? A) 7.6% B) 8.2% C) 9.6% D) 10.2% E) 11.6% ng following information to answer Questions 14-16. Given the following historical returns, Year 1 = 20% Year 2 -12% Year 3 = 16% Year 4 = 3% Year 5 = -15% 14. What is the arithmetic average return? A) 3.54% B) 3.10% C) 2.85% D) 2.40% E) 1.92% 15. What is the standard deviation? A) 11.89% 12.48% 14.18% 15.85% 16.87% 16. What is the Geometric average return? A) 1.89% B) 1.28% C) 1.41% D) 1.85% E) 1.68%