You have been provided the following data about the securities of three firms, the market portfolio, and the risk-free asset:

a. Fill in the missing values in the table. (Leave no cells blank - be certain to enter 0 wherever required. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

b-1. What is the expected return of Firm A? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

b-2. What is your investment recommendation regarding Firm A for someone with a well-diversified portfolio? Sell or Buy

b-3. What is the expected return of Firm B? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

b-4. What is your investment recommendation regarding Firm B for someone with a well-diversified portfolio? Buy or Sell

b-5. What is the expected return of Firm C? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

b-6. What is your investment recommendation regarding Firm C for someone with a well-diversified portfolio? Sell or Buy

Correlation* Beta 0.78 1.33 Security Firm A Firm B Firm C The market portfolio The risk-free asset Expected Return Standard Deviation 0.103 0.38 0.147 0.167 0.58 0.12 0.18 0.05 0.57 0.42