Portfolio A has an expected return of 28% and a standard deviation of 38% when the risk free rate is 5%. The market portfolio has an expected return of 26% and a standard deviation of 35%. Based on this data, which of the following conclusions are correct?

I. This situation is inconsistent with the CAPM

II. The Sharpe ratio for Portfolio A = 0.6053

III. The Sharpe ratio for the market portfolio = 0.6

IV. This situation is consistent with the CAPM