Problem 7.1 (a) Consider the following table, which gives a security analyst's expected return on two stocks for two particular market returns: Market Return Aggressive Stock Defensive Stock 7% 3.29 5.0% 20 31 14 What is the beta of stock A? (Round your answers to 2 decimal places.) QUESTION 2 Problem 7.1 (b) Consider the following table, which gives a security analyst's expected return on two stocks for two particular market returns: Market Return Aggressive Stock Defensive Stock 5.0% 20 31 14 3.28 What is the expected rate of return on stock A if the market return is equally likely to be 7% or 20%? (Enter your answer in percentage points. Round your answers to 2 decimal places.) QUESTION 3 Problem 7.1 (c) Consider the following table, which gives a security analyst's expected return on two stocks for two particular market returns: Market Return 7% 20 Aggressive Stock 3.2% 31 Defensive Stock 5.08 14 If the T-bill rate is 7%, and the market return is equally likely to be 7% or 20%, what is the alphas of stock A? (Negative values should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer in percentage points. Round your answers to 2 decimal places.)