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 cerrelation coefficients is between 0 and 1.) Fund P has one-third of its lunds invested in each of the three stocks. The risk-free rate is 5.5%, and the market is in equilibrium. (That is, required returna equal expected returns.) The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to anawer the questions below. Open spreadsheet a. What is the market risk premum (rmmrRF) ? 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 return of Fund P? Do not round intermediate calculations. Round your answer to two decimal place d. Would you expect the standard deviation of Fund P to be less than 16%, equal to 16%, or greater than 16% ? 1. less than 16% II. greater than 16% III. equal to 16%