1. The following information is available on the percentage rates of return on various assets under the three possible states of the world, each of which has a probability of occurring of one third Share A Share B Market Portfolio Risk-free Asset State 1 -6% 32% 50% 10% -18% -22% -10% 10% 60% 35% 20% 10% i) What is the numerical equation for the Capital Market Line (CML) for the market? i) Do shares A and B lie on the CML, and what, if anything, do you conclude from this? ii) What are the beta values for share A and B? iv) Are the expected returns for shares A and B consistent with the Security Market Line and, if not, what equilibrating changes would you expect to occur