Question 1 The following data is available for three securities: Security Amazing Ltd Belambang Ltd Catalyst Ltd Actual Return 10% 9% 15% BA 0.8 0.3 1.2 Expected return on the market is 11% p.a. Recent government securities rate is 2% p.a. The actual return on the market is 8.8% p.a. . a) Calculate the required return for each security. (15 marks) b) Explaint which of the securities are in equilibrium? (15 marks) c) Explain whether the price of security Catalyst Ltd is expected to rise or fall