QUESTION 6 The results of the estimated CAPM and Multifactor models for the returns of the TRBCX fund (Large Cap Growth) are given below. A. Explain each factor: Market, HML, SMB, MOM. What is the interpretation of negative beta for SMB factor? Would you expect it to be negative for TRBCX fund? B. Test the null hypothesis that market beta is equal to 1 in the CAPM model. Explain whether you reject or not reject the null hypothesis at 5% significance level. plain excel sheet.xlsx Imtformular trbox - rm) Coefficients: Estimate std. Error t value pr(t) (Intercept) 0.001460 0.001603 -0.911 0.366 rm 1.007505 0.032584 30.921 2e-16- Signif. codes: 0****' 0.001 0.01 0.05.' 0.1'' 1 Residual standard error: 0.01241 on 58 degrees of freedom Multiple R-squared: 0.9428, Adjusted R-squared: 0.9418 Call: Im(formula - trbox - m - ml + Smb + mom)