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 $1\mathrm{.}28$ when the risk$-$free rate and market return are $7\%$ and $11\%,$

respectively.

b$.$ Find the risk$-$free rate for a firm with a required return of $12\mathrm{.}753\%$ and a beta of $1\mathrm{.}36$ when the market return is $11\%.$

c$.$ Find the market return for an asset with a required return of $11\mathrm{.}035\%$ and a beta of $0\mathrm{.}81$ when the risk$-$free rate is

$5\%.$

d$.$ Find the beta for an asset with a required return of $11\mathrm{.}124\%$ when the risk$-$free rate and market return are $9\%$ and

$12\mathrm{.}6\%,$ respectively.

a$.$ The required return for an asset with a beta of $1\mathrm{.}28$ when the risk$-$free rate and market return are $7\%$ and $11\%,$

respectively, is $\%.($Round to two decimal places.$)$