Using the following data, the expected returns on X and M are

Period

Return on X Return on M

$1$

$11\%$

$6\%$

$2$

$4\%$

$4\%$

$3$

$9\%$

$6\%$

$4$

$5\%$

$7\%$

$5$

$3\%$

$4\%$

a$.$

$11\%$ and $7\%$

b$.$

$6\mathrm{.}4\%$ and $5\mathrm{.}4\%$

c$.$

$3\%$ and $4\%$

d$.$

$6\%$ and $6\%$

e$.$

$11\%$ and $6\%$