Without Excel and with a process

2. An individual common stock has a beta of 0.9 and a correlation coefficient of 0.9. the expected return of the stock is 20%, and the standard deviation of its returns is 12%. If a risk-free asset has an expected return of 4%, then (A) the expected return on the market portfolio is 22%. (B) the market returns' standard deviation is 12%. (C) the beta of the market returns is 0.9. (D) both a) and b) are true. (E) both a) and c) are true