Consider the following information for stocks A, B, and C. The returns on the three stocks are positively correlated, but they are not perfectly correlated. (That is, each of the correlation coefficients is between 0 and 1.) Stock Expected Return Standard Deviation 9.1996 10.01 12.47 Fund P has one-third of its funds invested in each of the three stocks. The risk-freera returns.) the market is in equilibrium. (That is required returns equal expected a. What is the market risk premium ( M E)? Round your answer to two decimal pla b. What is the beta of Fund P? Do not round intermediate calculations, Round your answer to two decimal places c. What is the required return of Fund P? Do not round Intermediate calculations. Round your answer to two decimal places d. Would you expect the standard deviation of Fund P to be less than 16, equal to 16%, or greater than 1697 I. Less than 16% II Greater than 16% III. Equal to 10%