Consider the following multifactor (APT) model of security returns for a particular stock. 125 Factor Risk Premium points Tactor Beta Factor Inflation Industrial production OIL prices Skipped a. If T-bills currently offer a 7% yield, find the expected rate of return on this stock if the market views the stock as fairly priced. (Do not round intermediate calculations. Round your answer to 1 decimal place.) eBook Expected rate of retum References b. Suppose that the market expects the values for the three macro factors given in column 1 below, but that the actual values turn out as given in column 2 Calculate the revised expectations for the rate of return on the stock once the "surprises become known Do not round intermediate calculations. Round your answer to 1 decimal place) Expected Value Metal Value Inflation Industrial production Expected rate of retum