Consider a three-factor APT model. The factors and associated risk premiums are: Factor Change in cross national product (GNP) Change in energy prices Change in long-term interest rates Risk Premium +6.9 0.8 Calculate expected rates of return on the following stocks. The risk-free Interest rate is 4.1%, ..A stock whose return is uncorrelated with all three factors. (Enter your answer as a percent rounded to 1 decimal place.) b. A stock with average exposure to each factor (l.e.. with b=1 for each) (Enter your answer as a percent rounded to 1 decimal ploce.) c. A pure-play energy stock with high exposure to the energy factor (b= 2.2) but zero exposure to the other two factors. (Enter your answer as a percent rounded to 2 decimal places.) d. An aluminum company stock with average sensitivity to changes in interest rates and GNP, but negative exposure of b = -1.5 to the energy factor. The aluminum company is energy intensive and suffers when energy prices rise.) (Enter your answer as a percent rounded to 2 decimal places.) B Answer is complete but not entirely correct. Expected rate of return 41% Expected rate of return 13 8 % Expected rate of return 2.34 % Expected rate of return 15 80 % b d