1. Below you are given the previous six years returns for the Market, Wal-Mart and Target. Answer all questions that follow using this information. Year 2011 2012 2013 2014 2015 2016 Market 2.07% 15.88% 32.43% 13.81% 1.31% 11.92% Wal-Mart 10.81% 14.17% 15.33% 9.14% -28.62% 12.76% Target -14.82% 15.52% 6.93% 19.98% -4.35% -0.52% a. Calculate the average return and standard deviation for Wal-Mart and Target. b. If you were to form a minimum risk portfolio using both Wal-Mart and Target, what would be the weights of each of the stocks in the minimum risk portfolio? *Hint: You will need to calculate the correlation coefficient to get this. c. What is the expected return of the minimum risk portfolio? d. Calculate the beta coefficient for Wal-Mart and Target. e. What would be the required rate of return for Wal-Mart and Target if the risk-free rate is 7% and the market risk premium is 5%