c. Maleeq is considering to invest in one of the stocks below. The following data could be relevant to assist him in considering which stock is worth buying. Expected Return Standard Deviation Beta X 12% 10% 1.1 Y 14% 12% 1.6 z 23% 10% 2.1 Required: i. Assume the risk premium is 8% and the market return is 11%, calculate the required return for stocks X, Y and Z. (3 marks) ii. Using the information in (i), draw the security market line and identify whether the stock is under value, over value or fairly value security. (7 marks) iii. Assuming that Maleeq will invest all of his money into one security, which stock will he choose? Why? (2 marks) iv. Assuming that Maleeq will form a well-diversified portfolio, which stock will he choose? Why? (2 marks)