Assume that the risk-free rate is 2.99 percent and that the market portfolio has a 27 percent expected return with a 35 percent volatility (standard deviation). Word Inc. has a volatility of 47 percent and a correlation with the market of .82, whilst Excel Inc. has a volatility of 45 percent and a correlation with the market of 0. Assume that the CAPM assumptions are correct. 5. Obtain Word's beta with the market. 6. Obtain Word's required return. 7. Obtain Excel's beta with the market. 8. Obtain Excel's required return