Use the following information and the Capital Asset Pricing Model (CAPM) to estimate the rate of retum expected by Jay's Comic Book Shop's investors (note: youmight not need AL of this infometion for the CAPMpotion of the eurestion): Component Return Interest rate on (riskless) U.S. govt. securities 3% Annual rate of retum for stocks 15% Jay's Comic Book Shop uses a systematic riskmensure(hetalof:R. Advisory Premium 5% Hubris Projection Premium 8% Liquidity Premium 9% Based on the relevant information shown, estimate o) The ennual market rits eremilum (MRP) and B) the cost of equily capital for the venture (using the CAPMR. What is the erack l venture investment discount rate (interest rate) that would be expected by investors in Jay's Comic Book Shop? (Note: for this question you might need some of the information that you did not use in answering 3 a.)