As an analyst at JPMorgan Chase, you are comparing the performances of two investors. Investor A averaged a 25% rate of return and Investor B had a 22% rate of return. The beta of Investor A was 2.4, whereas the beta of Investor B 2.2. If the T-bill rate was 5% and the market return during the period was 15%. Please choose all correct answers. Please also note that each incorrect answer will reduce the score by 10%. Please choose all correct answers.

1. The required returns for investor A is 28%

2. Investor B is better than Investor A because Investor B has a higher alpha than Investor A

3. The required returns for investor B is 15.60%

4. Investor A is better than Investor B because Investor A has a higher alpha than Investor B.

5. The required returns for investor A is 29%

6. The required returns for investor B is 27%

7. Investor B is better than Investor A because Investor A has a higher alpha than Investor B.

8. The required returns for investor B is 17%

9. Investor A is better than Investor B because Investor A has a higher alpha than Investor B

10. The required returns for investor A is 11.5%

11. The required returns for investor B is 16%