A stock has an expected return of 12 percent, a beta of 1.7, and the return on the market is 9.5 percent. What must the risk-free rate be? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) QUESTION 2 A stock has an expected return of 9 percent, the risk tree rate is 1.8 percent, and the market risk premium is 6.4 percent. What must the beta of this stock be? (Do not round Intermediate calculations. Round your answer to 2 decimal places.)