please respond using numbers showing the steps

3) You want to evaluate the stocks X and Y using data in the table below. The risk-free rate, rf, is 3%. B Asset Er) X 16% Y 9% M 12% 1.3 0.9 1 40% 30% 20% (a) Suppose you're planning let either X or Y constitute your entire risky investment. Which would you choose and why? (b) Suppose you're planning to add a small amount of either X or Y to your well-diversified portfolio. Which would you choose and why? (c) Suppose you're planning use either X or Y to exploit mispricings in the market. Which would you choose and why? (d) What is the M measure for the two stocks? Now form a new portfolio, Z, by taking a leveraged position in asset X. Specifically, invest 150% of your wealth in asset X and finance it with an appropriate short position in the risk-free asset (e) What is the Treynor measure of asset Z? (f) What is the a of asset Z? (g) What is the Information Ratio of asset Z? 3) You want to evaluate the stocks X and Y using data in the table below. The risk-free rate, rf, is 3%. B Asset Er) X 16% Y 9% M 12% 1.3 0.9 1 40% 30% 20% (a) Suppose you're planning let either X or Y constitute your entire risky investment. Which would you choose and why? (b) Suppose you're planning to add a small amount of either X or Y to your well-diversified portfolio. Which would you choose and why? (c) Suppose you're planning use either X or Y to exploit mispricings in the market. Which would you choose and why? (d) What is the M measure for the two stocks? Now form a new portfolio, Z, by taking a leveraged position in asset X. Specifically, invest 150% of your wealth in asset X and finance it with an appropriate short position in the risk-free asset (e) What is the Treynor measure of asset Z? (f) What is the a of asset Z? (g) What is the Information Ratio of asset Z