The market portfolio according to the CAPM model in a small market has the following composition: Asset B D Weight (%) 35.4% 22.3% 12.1% 30.2% Beta 1.144 0.228 ??? 1.249 Experts expect the return on the market portfolio to be 15%, with a volatility of 25%, during the next year. Assume that the risk free rate is 3% per annum. a. Is it possible that an efficient portfolio with a higher proportion of Asset C than Asset A exists in this market? Explain your answer. (2 mark) The market portfolio according to the CAPM model in a small market has the following composition: Asset B D Weight (%) 35.4% 22.3% 12.1% 30.2% Beta 1.144 0.228 ??? 1.249 Experts expect the return on the market portfolio to be 15%, with a volatility of 25%, during the next year. Assume that the risk free rate is 3% per annum. a. Is it possible that an efficient portfolio with a higher proportion of Asset C than Asset A exists in this market? Explain your answer. (2 mark)