Consider the following information for stocks A, B, and C. The retums on the three stocks are positively correlated, but they are not perfectly corretated. (That is, each of the correlation coefficients is between 0 and 1 .) Fund Phas one-third of its funds invested in each of the three stocks. The risk-frett rate is 6.55, and the market is in equilibriam, (That is, required returns equal expected returns.) a. What is the market risk premium (rn+1)2 Round your answer to one decimal place. b. What is the beta of fund pr Do not round intermedate calculations. Round your answer to twe decimat placen. C. What is the required return of fund P ? Do not round intermediate calculotions. Round yout onswer to two decirral places. d. What would you expect the standard deviation of Fund P to be? 1. Less than 16% II. Greater than 16% III. Equal ta 16%