a. If OzCorp's beta is 1.18 and the risk-free rate is 4 percent, what would be an expected return for an investor owning OzCorp? (Note: Because the preceding returns are based on monthly data, you will need to annualize the returns to make them comparable with the risk-free rate. For simplicity, you can convert from monthly to yearly returns by multiplying the average monthly returns by 12 .) OzCorp's beta Risk free rate Months in a year Market's expected return Market risk premium OzCorp Expected return