Excel Online Structured Activity: Historical Return: Expected and required Rates of Return You have observed the following returns over time: Year Stock X Stock Y Market 2011 15 11 10% 2012 19 6 10 2013 -16 -6 -11 2014 2 1 2015 12 12 Assume that the risk-free rates and the market risk premium is 6%. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. 1 Open spreadsheet Open spreadsheet a. What is the beta of Stock X? Do not round intermediate calculations. Round your answer to two decimal places. What is the beta of Stock Y? Do not round intermediate calculations. Round your answer to two decimal places. b. What is the required rate of return on Stock X? Do not round intermediate calculations. Round your answer to one decimal place. What is the required rate of return on Stock Y? Do not round intermediate calculations, Round your answer to on decimal place. c. What is the required rate of return on a portfolio consisting of 80% of Stock X and 20% of stock 17 do not round intermediate calculations, Round your answer to one decimal place. Market 1000% 1000% -11 00 100% 12.00% A 1 Historical Retums: Expected & Required Rates of Retur 2 Historical Returns Year Stock X Stock 5 2011 15 DOS, 11 0% 6 2012 1900% 600% 7 2013 - 16 0 600% 2014 200% 2001 9 2015 2300% 12.00% 10 11 Rinktree 5.00% 12 Maret risk premium RP 600% 12 of Stock X in Porto 30 14 SofStock y Portfolio 20% 15 16 Stock Stacky 17 Buta, 15 Required rate of return 19 20 Portfolio beta , 21. Required return on portfolio NA NA Formulas WA WNA NA NA 23 Alternate portfolio return calculation in individual stock required 24 Required return on portfolio Sheet1 +