2.2 (12 points) Discuss how you would use CAPM to (a) compute a required rate of return on an investment project; (b) value a risky cash flow; (c) evaluate performance of an equity fund given information on its alpha and beta (draw a graph to illustrate your answer). 2.2 (12 points) Discuss how you would use CAPM to (a) compute a required rate of return on an investment project; (b) value a risky cash flow; (c) evaluate performance of an equity fund given information on its alpha and beta (draw a graph to illustrate your answer)