6. The expected rates of return and the beta coefficients of some of the alternatives as supplied by a computer program are as follows: HighTech=1.2;US.Rubber=0.8;collections=0.1 a. (4pt) What are the beta(s) for T-Bills and Market Portfolio? b. (6pt) Write out the CAPM equation, use it to calculate the required rate of return on each alternative, and then (roughly) graph the SML. c. (10pt) How do the expected rates of return compare with the required rates of return? Interpret the results. d. (10pt) Does the fact that Collections has a negative beta make any sense? What is the implication of the negative beta? e. (10pt) What would be the market risk and the required rate of return of a 5050 portfolio of High Tech and Collections? Of a 50-50 portfolio of High Tech and U.S. Rubber