The Treasury bill rate is 3.5%, and the expected return on the market portfolio is 10.4%. Use the capital asset pricing model.

2. What is the risk premium on the market? (Enter your answer as a percent rounded to 1 decimal place.)

3. What is the required return on an investment with a beta of 1.8? (Enter your answer as a percent rounded to 2 decimal places.)

4. If an investment with a beta of 0.76 offers an expected return of 8.0%, does it have a positive NPV?

5. If the market expects a return of 11.3% from stock X, what is its beta? (Round your answer to 2 decimal places.)