(b) Consider the following data on IBM stock: Hietaric Rate of Return The Capital asset pricing model (CAPM) shows that the required rate of return on a given security is related to the level of expected or required rate of return on the market portfolio (such as returns on SP 500 or DJ 30 industrial). How the relationship between the asset returns and the market returns can be estimated? How do you measure systematic risk? How will you represent a total risk, systematic risk and non-systematic risk using a regression equation? (7,7)