1. Use the CAPM to calculate the following:
   1. The expected return of a stock with a beta of 2, and risk-free rate of 1%, and a market return of 7%.
   2. The beta if the expected return of the stock is 8%, the risk-free rate is 2%, and the market rate of return is 6%.

Please explain thoroughly with a answer not previously listed on chegg, thank you.