Consider the following two scenarios for the economy and the expected returns in each scenario for the market portfolio an aggressive stock A, and a defensivestock D. 10 Beanaria That loon Rate of totum Agrive Defensive MARE stock Stocic b 100 31 a. Find the beta of each stock. (Round your answers to 2 decimal places.) Answer is complete but not entirely correct. 120 STOCK A Stoch D 0,50 b. each scenario is equally likely, find the expected rate of return on the market portfolio and on each stock. (Enter your answers as a whole percent.) Expected Rate of Retum 36 Market portfolio Stock A Stock 10 cil the T-bill rate is 4%, what does the CAPM say about the fair expected rate of return on the two stocku? (Do not round Intermediat calculations. Enter your answers as a percent rounded to 2 decimal places.) Expected Rate of Return SA Stock