The Treasury bill rate is 4.9%, and the expected return on the market portfolio is 11.1%. Use the capital asset pricing model.

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

c. What is the required return on an investment with a beta of 1.2? (Enter your answer as a percent rounded to 2 decimal places.)

d. If an investment with a beta of 0.46 offers an expected return of 8.7%, does it have a positive NPV?

e. If the market expects a return of 12.2% from stock X, what is its beta? (Round your answer to 2 decimal places.)

b.	Risk Premium		%
c.	Required Return		%
d.	Does it have a positive NPV?
e.	Beta