Suppose the yield on short$-$term government securities $($perceived to be risk$-$free$)$ is about $4\%.$ Suppose also that the expected return required by the market for a portfolio with a beta of $1$ is $10\mathrm{.}0\%.$ According to the capital asset pricing model: a$.$ What is the expected return on the market portfolio? $($Round your answer to $1$ decimal place.$)$ Expected rate of return $\%$ b$.$ What would be the expected return on a zero$-$beta stock? Expected rate of return $\%$ Suppose you consider buying a share of stock at a price of $ $30.$ The stock is expected to pay a dividend of $ $7$ next year and to sell then for $ $31.$ The stock risk has been evaluated at $\backslash$beta $=-0\mathrm{.}5.$ c$-1.$ Using the SML$,$ calculate the fair rate of return for a stock with a $\backslash$beta $=-0\mathrm{.}5.($Round your answer to $1$ decimal place.$)$ Fair rate of return $\%$ c$-2.$ Calculate the expected rate of return, using the expected price and dividend for next year. $($Round your answer to $2$ decimal places.$)$ Expected rate of return $\%$