As an equity analyet, you have developed the following return forecasts and risk estimates far two different stock mutuil funda G ond T and Fund U): a) If the risk-free rate is 3.9% and the expected market risk premium is 6.1% calculate the expected return for each mutual fund according to the CAPM. (10 points) b) Using the estimated expected returns from Part a along with your own return forecasts, explain whether Fund T and Fund U are currently priced to fall directly on the security market line (SML), above the SML, or below the SML. Are Funds T and U overvalued, undervalued, or properly valued? (10 pts)