Question 6: Y risk-free rate: ou are given the following information on two securities, the market portfolio, and the Expected PortfolioReturn CorrelationStandard with Market Deviation 0.20 0.08 0.12 0.00 Portfolio Security X Security Y Market Portfolio Risk-free Asset 0.15 0.10 0.120 0.060 0.9 0.8 1.0 0.0 a. (4)Write the equation for the CML. Draw the CML b. (4)Plot the two securities on the same graph with the CML. Are they efficient? c. (4)Write the equation for the SML. Draw the SML d. (4)What are betas of the two securities? e. (4)Plot the two securities on the SML. Are they undervalued or overvalued? Question 6: Y risk-free rate: ou are given the following information on two securities, the market portfolio, and the Expected PortfolioReturn CorrelationStandard with Market Deviation 0.20 0.08 0.12 0.00 Portfolio Security X Security Y Market Portfolio Risk-free Asset 0.15 0.10 0.120 0.060 0.9 0.8 1.0 0.0 a. (4)Write the equation for the CML. Draw the CML b. (4)Plot the two securities on the same graph with the CML. Are they efficient? c. (4)Write the equation for the SML. Draw the SML d. (4)What are betas of the two securities? e. (4)Plot the two securities on the SML. Are they undervalued or overvalued