Assume that CAPM holds throughout. For Chasebank and the Market (the SP500) you are given five years of historic returns data below:

Yeat	Chasebank stock returns	Market returns
2008	-73.40%	-37.00%
2009	-50.52%	26.46%
2010	42.90%	15.06%
2011	-44.31%	2.11%
2012	50.51%	16.00%

1- Calculate the average returns for each of Citibank and the Market (in percent to 2 decimal places).

2-Calculate the variance for each of the returns for Citibank and the Market (to 5 decimal places).

3-Calculate the standard deviation for each of the returns for Citibank and the Market (to 5 decimal places).

4- Calculate the covariance between the returns for Citibank and the Market (to 5 decimal places).

5- Calculate the correlation between the returns for Citibank and the Market (to 3 decimal places)

6- Calculate the Beta for Citibank (to 2 decimal places).

7-Please draw the Security Market Line illustrating the returns and beta for each of Citibank and the Market. Assume that the risk-free rate of return is 3%.