Consider the following information about a financial asset A, and a market portfolio consisting of other financial assets(M): Mean returns on A and M are 9% and 6%, respectively. Standard deviations of returns on A and M are 10 and 5, respectively. Covariance of returns on A and M is 40. a) Calculate the beta of asset A. b) Write the Capital Asset Pricing Model if the return on the risk-free asset is 4%. c) Predict the return on asset A if the return on M is 16%.