Consider the following information: Portfolio Expected Return Beta Risk-free 6 % 0 Market 12.6 1.0 A 10.6 1.8 a. Calculate the expected return of portfolio A with a beta of 1.8. (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