Suppose the risk-free return is 2.9% and the market portfolio has an expected retum of 7.9% and a volatility of 15.9%. Merck \& Co. (Ticker: MRK) stock has a 20.6% volatility and a correlation with the market of 0.063. a. What is Merck's beta with respect to the market? b. Under the CAPM assumptions, what is its expected return? a. What is Merck's beta with respect to the market? Merck's beta weh respect to the market is (Round to three decimal places.) b. Under the CAPM asoumptions, what is its expected return? Under the CAPM assumptions, its expected return is \%. (Round to two decimal places.)