Suppose that the index model for stocks A and B is estimated from excess returns with the following results:

RA $=3\mathrm{.}20\%+1\mathrm{.}10$RM $+$ eA

RB $=-1\mathrm{.}40\%+1\mathrm{.}25$RM $+$ eB

M $=30\%$; R$-$squareA $=0\mathrm{.}28$; R$-$squareB $=0\mathrm{.}12$

Assume you create a portfolio Q$,$ with investment proportions of $0\mathrm{.}40$ in a risky portfolio P$,0\mathrm{.}35$ in the market index, and $0\mathrm{.}25$ in T$-$bill. Portfolio P is composed of $70\%$ Stock A and $30\%$ Stock B$.$

Required:

What is the standard deviation of portfolio Q$?$

Note: Calculate using numbers in decimal form, not percentages. For example use $"20"$ for calculation if standard deviation is provided as $20\%.$ Do not round intermediate calculations. Round your answer to $2$ decimal places.

What is the beta of portfolio Q$?$

Note: Calculate using numbers in decimal form, not percentages. For example use $"20"$ for calculation if standard deviation is provided as $20\%.$ Do not round intermediate calculations. Round your answer to $2$ decimal places.

What is the "firm$-$specific" risk of portfolio Q$?$

Note: Calculate using numbers in decimal form, not percentages. For example use $"20"$ for calculation if standard deviation is provided as $20\%.$ Do not round intermediate calculations. Round your answer to $4$ decimal places.

What is the covariance between the portfolio and the market index?

Note: Calculate using numbers in decimal form, not percentages. For example use $"20"$ for calculation if standard deviation is provided as $20\%.$ Do not round intermediate calculations. Round your answer to $2$ decimal places.