1. A stock has an expected return 15%, a beta of 1.2, and the risk-free rate is 8%.
What is the expected market return?
2. A stock has an expected return 10.2%, the risk-free rate is 8%, and the market risk premium is 6%.
What is the beta of this stock?
3. The expected market return 10.2%, the risk-free rate is 4%, the beta is 1.1.
What is the expected return of this stock?