You are an investor and notice a diversified portfolio, C from the table below. Suppose you use a multifactor APT model and expect C to generate a return of 7.25% during the next year. Using a risk-free rate of 4%, a market risk premium of 6%, calculate the beta and CAPM then determine how much arbitrage profit you could generate on a $100,000 position. Time A, % B, % C, % D, % E,% Market, % 12 6 7 12 8 9 1 2 6 21 -3 -5 -10 15 3. -7 -2 -2 -2 -5 -4 4 13 7 14 17 21 14 5 12 9 18 24 24 16 16 6 12 4 14 10 10 $472.63 O $114.75 $0 O $114.75 0 -$472.63