The Treasury bill rate is 4%, and the expected return on the market portfolio is 14%. According to the capital asset pricing model: a. What is the risk premium on the market? b. What is the required return on an investment with a beta of 1.5 ? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place. c. If an investment with a beta of 0.7 offers an expected return of 9.5%, does it have a positive or negative NPV? d. If the market expects a return of 11.8% from stock X, what is its beta? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Answer is complete but not entirely correct