Consider a market that consists of only two assets, A and B. 0 0.04 0.25 Asset W A B 0.4 0.2 0.6 0.5 Pi, A 1 0.3 = 13%. Pi, B 0.3 1 p denotes the correlation coefficient and w denotes the asset's weight in the market portfolio. rf = 3%; E(M) a. What is the variance of the market portfolio? b. What are the covariances with the market portfolio of the two assets? c. What are the CAPM s of the two assets and the market portfolio? d. What are the reward-to-risk (use variance as risk) ratios of the two assets and the market portfolio? e. What are the contributions of each asset to the market excess return, E(rm) - rf? f. What are the contributions of each asset to the market variance, o?