QUESTION 22 Use this information for the following 3 questions. The risk-free rate is 5%, return on the market portfolio M is 14%, and standard deviation of the market portfolio M is 16%. In the context of the CAPM, consider two risky stocks A and B with the following characteristics. Stock Corr. with M Std. dev. A 32% 8% What is the beta of stock A? (1pt, Answer format: 1.20, round to 2 digits.) B QUESTION 23 What is the beta of stock B? (1pt, Answer format: 1.20, round to 2 digits.) QUESTION 24 What is the expected rate of return on a portfolio C which consists of 75% of stock A and 25% of stock B? (2pt, Answer format: 14.20, in percent, but include no % symbol, round to 2 digits.)