Consider the following information for three stocks, 5 tocks A, B, and C. The returns on the three stocks are positively correlated, but they are nok perfectly correlated. (That is, each of the correlation coelficients is between 0 and 1.) Fund P has one-thurd of its funds invested in each of the three stocks. The risk-free rate is 5%, and the maiket is in equilibrium. (that is, required returns equal expected returns.) The dato has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below: Open spreadsheet B. What is the market risk premium (t1ts)7 found your answer to two decamal places. b. What is the beta of rund p bo not round intermediate calculations, Round yeur ariswer to two deamal places. What is the tequired return of Fund P? Do not round intermediate calculations. Round your answer to two decimal places. d. Would you expect the standard devation of Fund P to be less than 16\%, equal to 16%, or greater than 16% ? I. less than 16% II. greater than 16% III. equal to 16%