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Please submit in Excel 1.The Terrapins Investment Fund has a total investment of $500 million in five stocks. Stock Investment (millions) Beta 1$150.6 21201.2 3803.0

Pleasesubmit in Excel

1.The Terrapins Investment Fund has a total investment of $500 million in five stocks.

StockInvestment (millions)Beta

1$150.6

21201.2

3803.0

4901.8

5601.0

Total$500

What is the fund's overall, or weighted average, beta?

3. Refer to the previous problem.If the risk-free rate is 12% and the market risk premium is 6%, what is the required return on the Terrapins Fund?

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