The Treasury bill rate is 4%, and the expected return on the market portfolio is 13%. According to the capital asset pricing model:

a.What is the risk premium on the market?

b.What is the required return on an investment with a beta of 1.8?(Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place.)

c.If an investment with a beta of 0.9 offers an expected return of 8.3%, does it have a positive or negative NPV?

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