Please explain the steps of the following:

Maine Mining Company (MMC) and Washington Tech Company (WTC) operate in two separate industries and have a correlation coefficient of 0.0. If MMC's stock price increases by 8%, WTCs stock price is most likely expected to:

a. Increase by 8%.

b. Decrease by 8%.

c. Remain unchanged.

d. Change by an unknown amount.

Please explain the steps of the following:

Compute the expected market return for the Tiger Fund using Jensen's alpha and the capital asset pricing model, given the following information: Tiger Fund beta = 1.4, Tiger Fund 1-year return = 12%, Risk-free rate = 3%, Tiger Fund alpha = 0.7%

a. 6.43%.

b. 6.88%.

c. 7.62%.

d. 8.93%.