Suppose that many stocks are traded in the market and that it is possible to borrow at the risk-free rate, ry. The characteristics of two of the stocks are as follows: Stock Expected Return Standard deviation A 12 21% 40% 60X Correlation-1 a. Calculate the expected rate of return on this risk-free portfolio? (Hint Can a particular stock portfolio be substituted for the risk-free asset?) (Round your answer to 2 decimal places.) Rate of return b. Could the equilibrium rybe greater than 15.60%? Yes O No