Consider the following table, which gives a security analyst's expected return on two stocks in two particular scenarios for the rate return on the market: Required: a. What are the betas of the two stocks? b. What is the expected rate of return on each stock if the two scenarios for the market return are equally likely? e. What hurdle rate should be used by the management of the aggressive firm for a project with the risk characteristics of the defensive firm's stock if market return is equally likely to be 6% or 21% ? Also, assume a T-Bill rate of 3%. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. What hurdle rate should be used by the management of the aggressive firm for a project with the risk characteristics of the defensive firm's stock if market return is equally likely to be 6% or 21% ? Also, assume a T-Bill rate of 3%. Note: Do not round intermediate calculations. Round your answer to 2 decimal place