when Treasury bills yield 5% and the expected return on the m arket is 11%, then the risk premium on a risky asset is equal to: a. 6%. b. 1696. c. 6% times the asset's beta. d, 6% plus the risk-free rate. 17. A project has a beta of 1.24, the risk-free rate is 3.8%, and the market rate of return is 9.2%. What is the project's expected rate of return? a. 15.21% b. 11.41% 18. 10.50% 14.61% d. 19. An investor wishes to invest equal amounts in three stocks and to achieve a portfolio beta of 1.2. If stock A has a beta of 0.9 and stock B has a beta of 1.1, what must be the beta of stock C? a. 0.7 b. 1.6 c. 1.2 d. 1.8