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 14? (Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place.) c. If an investment with a beta of 07 offers an expected return of 9.0%, does it have a positive or negative NPV? d. If the market expects a return of 120% from stock X, what is its beta? (Do not round intermediate calculations. Round your answer to 2 decimal places.) a Market risk premium Return on investment 1 % b. 1.01% C. c NPV Positive d. Beta 1.00