Consider the following information: Beta Portfolio Risk-free Market Expected Return 12% 13.8 11.8 1.0 0.9 02:06:39 a. Calculate the expected return of portfolio A with a beta of 0.9. (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, is the above situation possible? Yes No