Excel Online Structured Activity: Historical Return: Expected and required Rates of Return You have observed the following returns over time: Year Stock Y Market Stock 13 2011 10 11 2012 20 11 7 2013 - 10 2014 4 1 1 2015 12 Assume that the risk free rutes 4and the market riik premium iso. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below Open spreadsheet What is the bet of Stock X? Do not round Intermediate calculations. Round your answer to two decimal places What is the beta of stock Y? Do not found intermediate calculations. Round your art two decimal place What is the required rate of return on Stock X? Do not round intermediate calculations. Round your answer to one decimal place F G m D 1 Historical Returns: Expected & Required Rates of Return 2 3 Historical Returns: 4 Year Stock X Stock Y Market 5 2011 13.00% 11.00% 10.00% 6 2012 20.00% 7.00% 11.00% 7 2013 -16.00% -3.00% -10.00% 8 2014 4.00% 1.00% 1.00% 9 2015 18.00% 11.00% 17.00% 10 11 Risk-free rate, rer 4.00% 12 Market risk premium, RPM 6.00% 13 % of Stock X in Portfolio 80% 14 % of Stock Yin Portfolio 20% 15 16 Stock X Stock Y 17 Beta, b WNIA 18 Required rate of return, #N/A 19 20 Portfolio beta, b #N/A 21 Required return on portfolio, 22 23 Allorato portfolio rotum calculation using individual stocks' required returns: 24 Required return on portfolio, #NA 25 26 Formulas WNIA WNIA 11