X Excel Online Structured Activity: CAPM, portfolio risk, and return Consider the following information for three stocks, Stocks A, B and C. The returns on the three stocks are positively correlated, but they are not perfectly correlated. (That is, each of the correlation coefficients is between 0 and 1.) Stock A Beta Expected Return 8.29 10.64 12.05 Standard Deviation 15% 0. 3 1.2 1.5 15 Fund P has one-third of its fundo invested in each of the three stocks. The free rate is, and the market is in equilibrium (That is required returns ewal expected returns.) The data has been collected in the Microsoft Excel Online Nebelow. Open the spread hot and perform the required analysis to answer the questions below. Open spreadsheet a. What is the market risk premium (Round your answer to two decimal places 1. What is the beta of Pund P7 Do not round Intermediate calculations. Round your answer to two decimal places c. What is the required return of Fund P? Do not round Intermediate calculations. Round your answer to two decimal places d. Would you expect the standard deviation of Fund P to be less than 15%, equal to 15, or greater than 15%? I less than 15% II greater than 15% III. equal to 15