The Treasury bill rate is 3.8%, and the expected return on the market portfolio is 11.6%. Use the capital asset pricing model.

a.What is the risk premium on the market?(Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place.)

Risk premium%

b.What is the required return on an investment with a beta of 1.3?(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

Required return%

c.If an investment with a beta of .68 offers an expected return of 9.3%, does it have a positive NPV?

d.If the market expects a return of 11.2% from stock X, what is its beta?(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

Beta