2. The Treasury bill rate is 14 percent, and the expected return on the market portfolio is 22 percent. Using the capital asset pricing model answer the following: i. What is the risk premium on the market? ii. What is the required return on an investment with a beta of 1.5 ? 3. If an investment with a beta of 0.8 offers an expected return of 9.8 percent, does it have a positive NPV