11. (A) Given the expected return on the market, the expected return on TIG stock and the risk- free rate that are all shown below, find the beta of TIG. Your answer should not be formatted as a percentage. Show two digits after the decimal point. (B) What does the beta of a stock tell you? Abu 7 Expected market return 8 Expected return on FIR stock 9 Risk-free rate 7.50% 8.50% 0.75% 11 Beta