5. (lp) A stock has an expected return of 8%, the risk-free rate is 4%, and the market risk premium is 7%. What must the beta of this stock be? 6. (1pt) A stock has an expected return of 12.5%, a beta of 1 .2, and the expected return on the market is 10.5%. What must the risk-free rate be? 7, (1pt) Stock J has a beta of 1.4 and an expected return of 13%, while Stock K has a beta of 0.9 and an expected return of 11%. You want a portfolio with the same risk as the market. How much will you invest in each stock? What is the expected return of your portfolio? (1pt) On the most basic level, if a firm's wACC is 12%, what does this mean? 8. (1pt) Halestorm Corporation's common stock has a beta of 1.15. If the risk-free rate is 4% and the expected return on the market is 12%, what is the company's cost of equity capital? 9. 10. (1pt) Benjamin Manufacturing has a target debt-equity ratio of 0.60. Its cost of equity is 12% and its cost of debt is 7%. If the tax rate is 35%, what is the company's WACC