Consider the following information: Beta Portfolio Risk- free Market Expected Return 6 % 13.8 11.8 a. Calculate the expected return of portfolio A with a beta of 1.6. (Round your answer to 2 decimal places.) Expected return b. What is the alpha of portfolio A (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.) Alpha C. If the simple CAPM is valid state whether the above situation is possible? Yes No