Consider the following information for three stocks, Stocks A, B, and C. The returns on the three stocks are positively correlated, but they are not perfectiy correlated. (That is, each of the correlation ceefficients is between 0 and 1. .) Fund P has one-third of its funds invested in each of the three stocks, The risk-free rate is 5%, ond the market is in equilibrium. (That is, required returns equal expected returns.) The dats has been coliected in the Microsoft Excel Onitine file bolow. Open the spreadsheet and perform the required anslysis to antwer the questions below. Open spreadsheet b. What is the beta of Fund P? Do not reund intermediate calculations. Round your answer to two decimal places. c. What is the required retum of Fund P7 Do not round intermediate calculations, Round your answer to two decimal piaces. d. Would you expect the atandard deviation of Fund P to be less than 15%, equal to 15%, or greater than 15% ? t. thas than :5 It. greater than 15 w III. equal to 15m