CAPM, PORTFOLIO RISK, AND RETURN: Consider the following information for stocks A$,$ B$,$ and C$.$ The returns on the three stocks are positively co$-$related, but they are not perfectly co$-$related i$.$e$.,$ each of the coefficients correlation is between $0$ and $1.$ STOCKS: EXPECTED RETURNS $\%$ STANDARD DEVIATION $\%$ BETA A $9\mathrm{.}55150\mathrm{.}9$ B $10\mathrm{.}45151\mathrm{.}1$ C $12\mathrm{.}70151\mathrm{.}6$ Fund P has one$-$third of its funds invested in each of the three stocks. The risk$-$free factors rate is $5\mathrm{.}5\%,$ and the market is in equilibrium. Question: What is the Market Risk Premium r$^$PM and the required return of Fund P$.$ Hence, also find out $($calculate$)$ the required return of Fund P simultaneously. Lastly, make a decision regarding the expected standard deviation of Fund P to be less than $15\%,$ equals to greater?? explain wisely within $7$ minutes of the time limit frame.