8,

Manipulating CAPM Use the basic equation for the capital asset pricing model (CAPM) to work each of the following problems. a. Find the required return for an asset with a beta of 1.57 when the risk-free rate and market return are \9 and \12, respectively. b. Find the risk-free rate for a firm with a required return of \11.449 and a beta of 0.73 when the market return is \12. c. Find the market return for an asset with a required return of \11.333 and a beta of 1.68 when the risk-free rate is \3. d. Find the beta for an asset with a required return of \9.588 when the risk-free rate and market return are \6 and \8.6, respectively. a. The required return for an asset with a beta of 1.57 when the risk-free rate and market return are \9 and \12, respectively, is \\%. (Round to two decimal places.)