Formula only , Financial calculator and excel are not accepted!!!!!!!

You have been asked by one of your corporate clients to evaluate the risk and return of two assets, A and B. The firm is considering adding these assets to its diversified asset portfolio. The average annual rate of return given below summarise the firm's analysis over the preceding 10 years, 2011-2020. (Formula only, Financial calculator and excel are not accepted!!!!!!!) Asset A Asset Bee Average annual 11.70% 11.04% rate of returne You believe that the capital asset pricing model (CAPM) can be used to assess the asset's risk as part of the firm's portfolio of assets. Applying some sophisticated quantitative techniques, you estimated betas for assets A and B of 1.60 and 1.10, respectively. In addition, you find that the risk-free rate is currently 7% and that the market return is 10%. To Do: a. Use the CAPM to find the required return for each asset. (2 marks)