Problem 28 Intro The following table shows rates of return for a mutual fund and the market portfolio (S&P 500). 1 Year Fund Market 2 1 14% 13% 2 |-25% | -14% 3 -696 | -296 4 | 596| 28% 615 149 8% 6 8% 7% Attempt 1/10 for 10 pts. Part 1 What is the arithmetic average return for the market portfolio? 3+ decima Submit Part 2 What is the covariance of returns? Attempt 1/10 for 10 pts. 4+ decima Submit Part 3 What is the variance of the market portfollo? Attempt 1/10 for 10 pts 4+ decima Submit Part 4 What is the beta of the fund, using the industry model (not subtracting the risk-free rate)? 2+ decima 8 Attempt 1/10 for 10 pts