Use the basic equation for the capital asset pricing model (CAPM) to work each of the following problems.
a. Find the required return for an asset with a beta of 0.77 when the risk-free rate and market return are 7% and 15%, respectively.
b. Find the risk-free rate for a firm with a required return of 6.245% and a beta of .59 when the market return is 8%.
c. Find the market return for an asset with a required return of 7.627% and a beta of .26 when the risk -free rate is 7%
d. Find the beta for an asset with a required return of 11.972%. when the risk free rate and market return are 10% and 12.9% respectively.
*Please Show Work*