You are a professor at Hilbert College. A student approached you asking for clarification on the Capital Asset Pricing Model. The student had the following formula written down from class.

E(r) = 5.0% + 1.2 (8.0% - 5.0%).

Round answers to 1 decimal and use "%" where appropriate.

Advise the student on the following:

Beta is___________?

Market Risk Premium is__________?

T-bill Rate is___________?

Expected Return is__________?