Expected Return Beta Stock A Standard Deviation 16 % 0.8 8.70% 9.90 B 16 1.1 C 11.50 16 1.5 Fund P has one-third of its funds invested in each of the three stocks. The risk-free rate is 5.5%, 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. X Open spreadsheet a. What is the market risk premium (MRP? 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 places. d. Would you expect the standard deviation of Fund P to be less than 16%, equal to 16%, or greater than 16%? I. less than 16% 11. greater than 16% III equal to 16% H D M N CAPM portfolions, and rebum 1 ) Free Rate 550N SKA Formula Formula Forma 6 Expoded Rutum Standard Deviation stock 115 1000W Beta 16.00 0.00 16.00 1 10 150 AN NON NA 0333333 0333333 JINA 10 Market Promum, RPM 11 12 Stock Fund 13 14 Bet of Fund 15 10 Roque Rotum of Fund 17 1 Expected Return of Fund P 30 20 21 22 2 24 2