Consider the following year-end prices of a hypothetical market index.
(1) Calculate the annual returns of the market index, and use the average annual return as the expected return of the market index.
(2) Assume the risk-free rate is 0.75%, and use the above market index as the market portfolio. What is the expected return of asset A with a beta of 0.8 using CAPM model?
	market index
2004	100
2005	110
2006	104.5
2007	106.59
2008	106.59
2009	110.85
2010	108.63