eBook Problem Walk-Through Consider the following Information for stocks A, B, and C. The returns on the three stocks are positively correlated, but they are not perfectly correlated (that is made of the Stock Expected Return Standard Deviation Beta 0.7 and the markets inn u m. Cat e d rental expected retu Fund P has one-third of its funds invested in each of the three stocks. The risk free rate . What is the market risk premium ( Re)? Round your answer to one decimal placed b. What is the beta of Fund P? Do not round Intermediate calculations, Round your answer to the places l e c. What is the required return of Fund P? Do not round Intermediate calculations. Round your neer to the de d. What would you expect the standard deviation of Fund P to be? 1. Less than 15% 11. Greater than 15% III. Equal to 15%