20. Which of the following is/are true? 1. CAPM can be achieved regardless of equilibrium II. The expected return on an asset with 1.0 beta would still be greater than the risk-free rate III. Beta triples, then the risk premium triples, too, IV. Beta triples, then the expected return generally increases less than three times. 1. II and III 2. II and IV 3. III and IV 4. II, III and IV