2- Assume that the market has an expected return of 12% and volatility (standard deviation) of 20%. Company X has a 50% volatility (standard deviation). The correlation between the market and Company X is 90%. The risk-free rate is 3%. What would be the expected return on Company X? (Hint: You have to check my lecture note (Lecture Note #10b - Risk and Return: Capital Asset Pricing Model (CAPM)) 23% 23,25% 23,50% 23,75% Dier 3- Refer to Question 2 above. Suppose that you want to take only 15% risk (standard deviation) on your investment portfolio. What would be the return you can get if you invest in only Company X and the risk-free asset? 9% 9,025% 9,050% 9,075% Dier