23.The risk-free rate of return for a security is 6%.The expected return on the market is 13%.What is the required rate of return for the security if it has a beta of 1.25? (a)22.25% (b)16.25% (c)14.75% (d8.75% Answer:(c) 24.Determine the beta of a portfolio consisting of the following stocks: Security Invested Beta REM 30% 1.1 ACX 20% 0.95 BGB 40% 1.2 CRY 10% 0.7 (a）0.92 (b)0.99 (c)1.07 (d)1.17 Answer:(c) 25.If the Treasury bill rate is currently 4%and the expected return on the market portfolio for the same period is 13%,determine the risk premium on the market. (a)0.52% (b)8.50% (c)9.00% (d11.00% Answer:(b) 13-713-7 23. The risk-free rate of return for a security is 6%. The expected return on the market is 13%. What is the required rate of return for the security if it has a beta of 1.25? (a) 22.25% (b) 16.25% (c) 14.75% (d) 8.75% Answer: (c) 24. Determine the beta of a portfolio consisting of the following stocks: Security % Invested Beta REM 30% 1.1 ACX 20% 0.95 BGB 40% 1.2 CRY 10% 0.7 (a) 0.92 (b) 0.99 (c) 1.07 (d) 1.17 Answer: (c) 25. If the Treasury bill rate is currently 4% and the expected return on the market portfolio for the same period is 13%, determine the risk premium on the market. (a) 0.52% (b) 8.50% (c) 9.00% (d) 11.00% Answer: (b)