Manipulating CAPM Use the basic equation for the capital asset pricing model (CAPM) to work each of the following problems. a. Find the required return for an asset with a beta of 1.55 when the risk-free rate and market return are 8% and 12%, respectively. b. Find the risk-free rate for a firm with a required return of 14.609% and a beta of 1.21 when the market return is 13%. c. Find the market return for an asset with a required return of 15.220% and a beta of 1.46 when the risk-free rate is 7%. d. Find the beta for an asset with a required return of 11.146% when the risk-free rate and market return are 8% and 10.6%, respectively. a. The required return for an asset with a beta of 1.55 when the risk-free rate and market return are 8% and 12%, respectively, is 6.52%. (Round to two decimal places.) b. The risk-free rate for a firm with a required return of 14.609% and a beta of 1.21 when the market return is 13% is %. (Round to two decimal places.) c. The market return for an asset with a required return of 15.220% and a beta of 1.46 when the risk-free rate is 7% is %. (Round to two decimal places.) d. The beta for an asset with a required return of 11.146% when the risk-free rate and market return are 8% and 10.6%, respectively, is (Round to two decimal places.)