The beta for Moria Mining, Inc. is $2\mathrm{.}1.$ The expected return on the market portfolio is $12\mathrm{.}0\%$ and the risk$-$free rate is $4\mathrm{.}0\%.$ If the CAPM$/$SML is correct, what is Moria Mining's required $($expected$)$ return?

$17\mathrm{.}6\%$

$20\mathrm{.}8\%$

$19\mathrm{.}0\%$

$10\mathrm{.}6\%$

None of these are correct.

Question $28$

$3\mathrm{.}03$ pt

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$k1\mathrm{.}3$

You have analyzed Morrison Hotel and have identified three possible economic scenarios for the next year. Based on your analysis you have estimated the probability of each scenario an the return to the bank in that scenario. The table below summarizes your analysis. ENTER