The average return on a secuirty with beta of $0\mathrm{.}3$ is $$12\mathrm{.}5$ per year. The risk free rate is $0\mathrm{.}05$ and the return on the market porfolio is $0\mathrm{.}1.$

a$/$what is the appropriate value of this security based on this information $?$

b$/$If you were given the additional information that the probability of default is $0\mathrm{.}02,$what would the value of the secuirty be $?$