Consider the Following two stocks K and L. Sotck K, has an expected return of 9% and a beta of 1.20. Stock L, has an expected return of 12.2% and a beta of 1.80. the expected market rate of the return is 7% and the risk free rate is 3%. Which stock is a better investment and why.

Please answer #4 and show all the work! I need to learn!