Question-1 (a) Mr. Tamarind intends to invest in equity shares of a company the value of which depends upon various parameters as mentioned below: Factor Beta Expected Value Actual Val- In % be in % GNP 1.20 7.70 7.70 Inflation 1.75 5.50 7.00 Interest rate 1.30 7.75 9.00 Stock market index 1.70 10.00 12.0 Industrial production 1:00 7.00 7.50 - If the risk free rate of interest be 9.25%, how much is the return of the share under Arbitrage Pricing Theory