Ussume that the data are represeatative of the future so that the returns obtained on firm A and the ss. 500 are the same as heir expected returns. Complete the following questions: a) The Sat 500 is a measure of the market. The market is average (by definition), so what is iss beta? b) The risk-free asset has no risk (by definition), so what is its beta? c) Firm A, the S\&P 500, and the risk-free asset should all be an the 5M4. The expected return for the risk-free asset can be. cakculated using the FORECAST function. The X is risk-free beta, the known Ys are the returns on firm A and the S\&P 500 , and the known X S are the betas for the same two. (d) Calculate the market risk premium. (e) From the results of (d) and (d) give the equation of the 5ML. A textbox is provided for this. (5) Use the SML from (d) to cakculate the expected return on asset os in the return column in the first row for firm E. (g) Firm A, the S8P 500, and the rask-free asset should all be on the SML. The return for firm B can also be calculated using the FORECAST function. The X is firm B's beta, the known Y s are the returns on firm A, the Ssp 500 , and the risk-free asset, and the known X s are the betas for the same three. Put the FORECAST calculation in the feturn columa in the second row for firm 0. is the result the same as (e)