3. Apple stock expected return is 15.1%, beta = 1.4. Google stock expected return is 13.12%, beta 1.2. If IBM'S beta-1, if we assume that the three stocks expected return can be explained by CAPM. The expected return of IBM should be (46) (In percentage, two decimal places). The market return should be (47) (In percentage, two decimal places). The risk free rate should be ___(48) _(In percentage, two decimal places) -108 498 5. Portfolio manager Tim has one thousand dollars to invest. His client needs him to create a well-diversified portfolio. Tim wants to choose Stock A, B, C and a risk free asset to build up his portfolio. He will invest $250 in stock A with a beta of 0.89: S200 in stock B with a beta of 1.28. He estimates the beta of Stock C is 1.23. The portfolio beta should be (52) How much should Tim invest in risk free asset? (53)_ (in S, two decimal places)