Adam Joe is a portfolio manager and has the information on the investments in the table below. A, B, and C are individual risky securities. M is the market portfolio. Risk-free rate is 4%. All returns are annual returns. Expected Standard Correlation Investment Return Deviation A B C M A 24.42% 30% 1 0.8171 0.8591 0.5833 B 29.86% 37% 1 0.5528 0.5991 C 16.64% 22% 1 0.4924 M 18% 12% 1 a. What is the covariance of Asset A with the market portfolio? (1 mark) b. Calculate the beta of Asset A and B. (2 marks)