Assume that the following market model adequately describes the return generating behavior of risky assets R2-4*, RM Here: R=The return on the th asset at Time RMThe return on a portfolio containing all risky assets in some proportion at Timet RM and care statistically independent Short single, negative positions is allowed in the maricet. You are given the following information: Asset A ERI Vane) A 66 8.01% 0300 B 1.16 1166 0146 1.52 13.35 0227 The variance of the market is .0123, and there are no transaction costs a. Calculate the standard deviation of retums for each asset. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g. 32.16.) b. Calculate the variance of return of three portfolos containing an infinite number of asset types A, B, or C, respectively. (Do not round Intermediate calculations and round your answers to 6 decimal places, e.g...161616.) c. Assume the risk free rates 3.1 percent and the expected return on the market is 9.1 percent. What are the expected returns of each asset? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.. 32.16.) A standard deviation A B standard deviation standard deviation L. A variance b. Yang b. variance |--1. A expected rebum c-1. B expected return 0-1. Carpeted him % 2. Which asset will not be held by rational investors? O AR