1. a.) Using Capital Asset Pricing Model (CAPM) to compute an appropriate rate of return for Intel common stock, which has a beta of 1.2. The risk-free rate is 2%, and the market portfolio (NYSE stocks) has an expected return of 11% b.) Why is the rate you computed an appropriate rate? What kind of risk is considered by using CAPM? c.) Suppose you purchased 16 shares of Disney stock for $24.22 per share on May 1, 2017 On Sep 1, 2017, you sold 12 shares of the stock for $25.68 per share. Calculate the holding- period dollar gain and the holding-period rate of return for the shares you sold, assuming no dividend was distributed for that period. Please show your work)