Part 1 of 2 Homework: Chapte... Question 3, Problem 6-1... HW Score: 12%, 1.2 of 10 points O Points: 0 of 1 Save (Required rate of return using CAPM) a. Compute a fair rate of return for Intel common stock, which has a 0.9 beta. The risk-free rate is 8 percent, and the market portfolio (New York Stock Exchange stocks) has an expected return of 13 percent. b. Why is the rate you computed a fair rate? a. Using the CAPM, the fair rate of return for Intel common stock is (%. (Round to two decimal places)