Suppose that the equation for the SML is= 0.04 + 0.06, whereis the the average expected rate of return, 0.04 is the vertical intercept, 0.06 is the slope, andis the risk level as measured by beta.What is the risk-free interest rate for this SML?percentWhat is the average expected rate of return at a beta of 1.5?percentWhat is the value of beta at an average expected rate of return of 7 percent?