Please show all work. The question did not include risk free rate.

Market Return 5% 20 Aggressive Stock 2% 32 Defensive Stock 3.5% 14 a. What are the betas of the two stocks? (Round your answers to 2 decimal places.) Beta A Beta D b. What is the expected rate of return on each stock if the market return is equally likely to be 5% or 20%? (Round your answer Rate of return on A Rate of return on D C. If the T-bill rate is 8%, and the market return is equally likely to be 5% or 20%, what are the alphas of the two stocks? (Leave your answers to 1 decimal place.) Alpha A Alpha D