If the expected return on the market is 8 percent and the risk-free rate is 4 percent,
What is the expected return for a stock with a beta equal to 1.80? (Round answer to 2 decimal places, e.g. 0.15.)
Expected return
What is the market risk premium? (Round answer to 2 decimal places, e.g. 0.15.)
Market risk premium
Please show me the steps for both parts