Suppose you observe the following situation:SecurityBetaExpe…

Suppose you observe the following situation:SecurityBetaExpected ReturnSanders1.822.00%Janicek1.620.44%What must the risk-free rate be if these two stocks are correctly priced?Note: You may choose one of the following options to submit your answers:Type your complete answer directly in the answer field on Blackboard, ORType only the final answer in the Blackboard field, write “see answer on scratch paper,” and show your handwritten work to the camera before proceeding to the next question.

Suppose the risk-free rate is 8%, and the expected return on…

Suppose the risk-free rate is 8%, and the expected return on the market is 16%. If a particular stock has an expected return of 24%, what must its beta be?Note: You may choose one of the following options to submit your answers:Type your complete answer directly in the answer field on Blackboard, ORType only the final answer in the Blackboard field, write “see answer on scratch paper,” and show your handwritten work to the camera before proceeding to the next question.