Please solve and show work without excel

contest/4210 2:32 Jonathan any Question 30 (10 points) (a) ABC Inc's stock has a 25% chance of producing a 10% return, a 50% chance of producing a 15% return, and a 25% chance of producing a -2% return. What is the firm's expected rate of return (b) Calculate the required rate of return for ABC Inc, assuming that investors expect a 3,0% rate of inflation in the future, the nominal risk-free rate is 4.5%, expected market return is 11% and the firm has a beta of 1.50. Hint: You need to find out market risk premium first. Dw Activity Details O ri 3 6o ace PRES w & 2 6 8 ) 0 9 U P H N M