You are considering buying a stock with a beta of 0.73. If the risk-free rate of return is 6.9 percent, and the expected return for the market is 12.2 percent, what should the expected rate of return be for this stock? (State your answer as a percentage.)

If the risk-free rate is 6.9%, the market risk premium is 7.0%, and the expected return on Security J is 29.4%, what is the beta for Security J? (Calculate your answer to two decimal places.)

Note: PLEASE SOLVE THIS USING TI-84 PLUS CALCULATOR AND SHOW WORK.