I only want the answer of number 8.

Answer 7: SML: 0.06=Rf+0.5(Rm-Rf) and 0.12=Rf+1.5(Rm-Rf)

(Rm=9%, Rf=3%)

7. Assume the following assets are correctly priced according to the security market line. Derive the security market line. What is the expected return on an asset with a beta of 2? R1 = 6% B1 = 0.5 R2 = 12% B2 = 1.5 8. Assume that an asset exists with R3 = 15% and 33 = 1.2. Further assume the security market line discussed in Problem 7. Design the arbitrage opportunity