91 The market has an expected return of 11 percent, and the riskfree rate is 5 percent. Pfizer has a beta of 0.9. What is the required rate of return for Pfizer?

92 The market has an expected return of 12 percent, and the riskfree rate is 5 percent. Activalue Corps systematic risk is 80 percent that of the market as a whole. What is the required rate of return for this company?