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 Stock Expected Return Standard Deviation Beta A 8.58% 14% 0.7 10.78 14 1.2 12.54 1.6 Fund P has one-third of its funds invested in each of the three stocks. The risk-free rate is 5.5%, and the market is in equilibrium. (That is required returns equal adhat is the market risk premium (Rp)? Round your answer to two decimal places son B b. What is the beta of Fund P7 Do not round intermediate calculations. Round your answer to two decimal places c. What is the required return of Fund P7 De not round intermediate calculations. Round your answer to two decimal places. d. Would you expect the standard deviation of Fund to be less than 14%, equal to 14% or greater than 14% 1. Less than 14% II. Greater than 14% II. Equal to 14% Select me 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.) an Beta 14% 0.7 14 1.2 14 1.6 ree stocks. The risk-free rate is 5.5%, and the market is in equilibrium. (That is required returns equal expected returns.) nd your answer to two decimal places. mediate calculations, Round your answer to two decimal places und intermediate calculations. Round your answer to two decimal places. nd P to be less than 149, equal to 14%, or greater than 14%