Problem 12-27 CAPM (LO2) The Treasury bill rate is 4%, and the expected return on the market portfolio is 12%. According to the capital asset pricing model a. What is the risk premium on the market? Market risk premium 95 b. What is the required return on an investment with a beta of 1.5? (Do not round Intermediate calculations. Enter your answer as a whole percent.) Return on investment b. What is the required return on an investment with a beta of 1.5? (Do not round intermediate calculations. Enter your answer as a whole percent.) Return on investment d. If the market expects a return of 112% from stock X what is its beta? (Do not round intermediate calculations. Round your answer to 1 decimal place.) Beta