Stocks C and V each have an expected return of $10\%,$ a beta of $1\mathrm{.}0,$ and a standard deviation of $25\%.$ The risk$-$free rate of return $($rRF$)$ is $4\%.$ Assume that the market is in equilibrium. The returns on the two stocks have a correlation of $0\mathrm{.}70.$ Portfolio P has $30\%$ in Stock C and $70\%$ in Stock V$.$ Which of the following statements is CORRECT?

$$ The market risk premium $($rm $-$ rRF$)$ is $4\%.$

$$ Portfolio P has a beta that is less than $1\mathrm{.}0.$

$$ Portfolio P has the same required return as the market, and it has a standard deviation that is less than $25\%.$

$$ The required return on Portfolio P is equal to the market risk premium $($rM $-$ rRF$).$

$$ Portfolio P has a standard deviation that is equal to $25\%.$