Stock FM has a standard deviation of 24.6 percent and a correlation coefficient of 0.51 with market returns. The standard deviation of market return is 19.1 percent, and the expected return is 16.2 percent. The risk-free rate is 5.9 percent. (a) What is the beta of stock FM? (Round answer to 3 decimal places, e.g. 0.364.) What is the required rate of return of stock FM by the CAPM model? (Round answer to 3 decimal places, e.g. 11.361\%.)