Manipulating CAPM Use the basic equation for the capital asset pricing model (CAPM) to work each of the following problems. a. Find the required return for an asset with a beta of 0.34 when the risk-free rate and market return are 4% and 12%, respectively. b. Find the risk-free rate for a firm with a required return of 7.182% and a beta of 1.08 when the market return is 7%. c. Find the market return for an asset with a required return of 9.835% and a beta of 1.12 when the risk-free rate is 4%. d. Find the beta for an asset with a required return of 5.449% when the risk-free rate and market return are 4% and 10.9%, respectively. a. The required return for an asset with a beta of 0.34 when the risk-free rate and market return are 4% and 12%, respectively, is %. (Round to two decimal places.)