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.) Fund P has one-third of its funds invested in each of the three stocks. The risk-free rate is 5%, and the market is in equilibrium. (That is, required returns equal expected returns.) The data has been collected in the Microsoft Excel Online file below, Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet . What is the morket risk premium (M - fwe)? Round your answer to two decimal places. b. What is the beta of Fund P? Do not round intermediate calculations. Round your answer to two decimal places. c. What is the required retum of Fund P Do not round intermediate caiculations. Round your answer to two decimal places. d. Would you expect the standard deviation of Fund P to be less than 16%, equal to 16%, or preater than 16% ? 1. less than 16% 11. greater than 16% III. equal to 16% CAPM, portfolio risk, and B D E F G return Rick-Free Rale,tRF Expected Return Standard Deviation Beta 9 Market Risk Premium, RIM 11 sisck in Fund P 13 14 Heta of Fund ? 15 16. Requaicd Return of Prund P 17 Fapected Recium of Fund P