The CCAPM with holds with U (Ct) = act rf,t+1 = (a) What isE[rj,t+1] Student ID: where a = (b) Is Ej,t+1] greater than or lessthan rf,t+1? Why? 20 Marks 20 and b.5. Also, assume that .05, 8.98,ct = The CCAPM with holds with \( U\left(c_{t}\right)=a c_{t}-\frac{b}{2} c_{t}^{2} \) where \( a=20 \) and \( b=.5 \). Also, assume that \( r_{f, t+1}=.05, \delta=.98, c_{t}=5.5 \), and \( \operatorname{c 2 answers