Consider the following information for stocks A, B, and C. The returns on the three stocks are positively correlates, but ther are not perfectly correlated. (That is, each of the correlation coefficients is between 0 and 1 ) Fund P has one-third of its funds imvested in each of the three stocks. The risk-tree rate is 5.5%, and the market is in equibrium, (That is, required retures equal expected retums.) a. What is the market risk premium (f4fN) ? Round yout answer to ene decimal place. Wh b. What is the beta of Fund P7 Do not round intermediate calculations. Round yeur answer to the decimal piaces. c. What is the required retum of fund P Do not round intermedate calculations. Aound your answer to two decimal places. d. What would you expect the standard deviption of fund P to be? 1. Less than 14% 11. Greater than 14\% III. Equal to 144