2.4 (15 points) Discuss how you would use CAPM to (a) (5 points) compute a required rate of return on an investment project; (b) (5 points) value a risky cash flow; (c) (5 points) evaluate performance of an equity fund given information on its alpha" and "beta" (draw a graph to illustrate your answer). 2.4 (15 points) Discuss how you would use CAPM to (a) (5 points) compute a required rate of return on an investment project; (b) (5 points) value a risky cash flow; (c) (5 points) evaluate performance of an equity fund given information on its alpha" and "beta" (draw a graph to illustrate your answer)