(Measuring risk and rates of return) a. Given the holding-period returns shown here, compute the average returns and the standard deviations for the Zemin Corporation and for the market. MONTH MARKET ZEMIN CORP. 7% 9 b. If Zemin's beta is 1.14 and the risk-free rate is 8 percent, what would be an appropriate required return for an investor owning Zemin? (Note: Because the returns of Zemin Corporation are based on monthly data, you will need to annualize the returns to make them compatible with the risk-free rate. For simplicity, you can a. Given the holding-period returns shown in the table, what is the average monthly return for the Zemin Corporation? % (Round to two decimal places.) Given the holding-period returns shown in the table, what is the average monthly return for the market? % (Round to two decimal places.) b. If Zemin's beta is 1.14 and the risk-free rate is 8 percent, what would be an appropriate required return for an investor owning Zemin? (Note: Because the returns of Zemin Corporation are based on monthly data, you will need to annualize the returns to make them compatible with the risk-free rate. For simplicity, you can convert from monthly to yearly returns by multiplying the average monthly returns by 12.) | % (Round to two decimal places.)