The 10-year bond yield issued by the Singapore Government has been increasing consistently over the last three years, from 0.84% in 2020 , to 1.67% in 2021 and 3.09% in 2022 . (a) Examine the implications of the expected return on stocks using the capital asset pricing model in the current economic environment. Your answer should not exceed 200 words. (15 marks) The price and dividend information over the last five years relating to Walmart (operating in the discount stores industry) and Shell (operating in the oil and gas industry) are shown below: (b) Appraise which stock is less risky if held on its own. Your answer should not exceed