Please answer with full steps. Excel is NOT allowed for these problems.

Assume that the CAPM is true, RF : 5%, RM : 15% and UM : 0.1. An investor with $10,000 to invest builds a portfolio, Q, of Tbills and the market portfolio. This means that (A) it would be possible for the investor to obtain a return of17% on portfolio Q. (B) if portfolio Q were composed of short-selling 52,000 in T-bills and the remainder is the market portfolio, then pQM = LBQ = 1.2 and (IQ = 0.12. (C) to obtain a return of 17% from portfolio Q the investor would need to invest $12,000 in the market portfolio. {D} all of the above are true. (E) onl},r a) and b) above are true