in the typing space avallable for this question. deviation of Lang to buy the shares of Lancer, a firm that manufactures toys. The standard and an expetancer's returns is 15%. The market ponfolio has a standard deviation of 9% returns with the market porfolio is 0.8 . (a) What is Lancer's beta? What is its expected return? (b) What does Lancer's beta represent? Explain briefly. (c) Describe the systematic and nonsystematic risk components of the market portfolio, such as the Sensex. (d) Assuming that the standard deviation of the market is 9%, calculate the beta of Gold. which has a standard deviation equal to the standard deviation of the market but a zero correlation with the market. (Marks: 4+2+3+1 )