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 .) Fund pas 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 expected retum b. What is the beta of Fund P ? Do not round intermediate calculations. Round vour answer to two decimakplaces. c. What is the required cetum of Fund P? bo not round intermedate calculations. Round vour aniwer to two decimal places. d. What would you expect the standard deyation of Fund P to be? 1. Less than 14W 11. Greater than 14% III. Equal to 14Bb