Assume that the CAPM holds and the financial markets are in equilibrium. The market has only three stocks. Stock A has a market value of $100,000,000; stock B has a market value of $300,000,000; stock C has a market value of $600,000,000. In below table you can find the expected return, and standard deviation for each stock. The correlation coefficient between stock A and B is 0, correlation coefficient between stock A and C is -1, correlation coefficient between stock B and C is 0.5. The risk-free rate of return is 4%. Stock A Stock B Stock C Expected return 16% 12% 8% Standard deviation 30% 25% 15% (a) Please find out the expected return and standard deviation of market portfolio. (4 points) (b) Please find out the slope of CML. (2 points) (c) What is the variance of a portfolio on the CML with the same expected return as stock A? (2 points) (d) Find out the beta of the portfolio in (c). (2 points) (e) Find out the slope of SML. (2 points)