Use the following information for question 6 to question 8 Probability Cash Flow 0.31 0.5 0.19 $ 60,000 80,000 100,000 Land The risk-free rate is 6% 6. The beta of land is 1.7. Using CAPM, please calculate the rate of return for this investment if the expected market return is 1 1%. (Chapter 6, slide 55-56) a. b. c. 15.9% 13.6% 17.85 d. 14.5% e. 16.7%