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 perfectly correlated (That is, each of the correlation coefficients is between 0 and 1.) Stock Standard Deviation 155 Beta Expected Return 7.80 % 9.30 0.7 15 15 11.40 1.6 Fund P has one-third of its funds invested in each of the three stocks. The risk-free rate is 5, and the market is in equilibrium. (That is required returns expected returns.) The data 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 What is the market nok premium - Round your answer to two decimal places b. What is the bes of Fund 2 Do got found intermediate calculations. Found your answer to the decimal places Open spreadsheet a. What is the market risk premium (P)? Round your answer to two decimal places, b. What is the beta of Fund P? Do not round intermediate calculations. Round your answer to two decimal places. c. What is the required return of Fund P? Do not round intermediate calculations. Round your answer to two decimal places d. Would you expect the standard deviation of Fund P to be less than 15%, equal to 15% or greater than 1597 1. less than 15 II. greater than 15% III. equal to 154 Check My Won Reset Problem CAPM, portfolio risk, and return 3 Risk Free Rate RF 5.00% Formula Formula Formula 6 Expected Return 7 Standard Deviation Stock A 7 80% 15 00 070 Stock B 9 80% 15.00% 1.20 Stock 11.40% 15 009 160 Beta NA #NIA MNIA 9 10 Market Risk Premium RPM 11 12 Stock in Fund P 1 14 Beta of Fund P 0.333333 0.333333 0333333 ONIA 36 Required Return of Fund P NIA ANIA 11 Expected Return of Fund