Problem 1: Suppose there are two tradable assets: the S&P 500 index, and a (riskless) T-Bill. The S&P 500 index has an expected return of 15% and a standard deviation of returns of 25%. The return of the T-Bill is 3%. a) What is the slope of the Capital Allocation Line (CAL)? What is its economic interpretation? b) What is the composition of a portfolio on the CAL that has an expected return of 20%? what is the standard deviation of this portfolio? Problem 2: Suppose there are ten (10) identical stocks in the market. Each of these stocks has a standard deviation of returns of 60%. The correlation bci.WKKY any NM() snc: es ls () 2. What: ls ihe, sicaridad d(IY a l )n ( a por ife)lic) ha invests the same amount in each stock? What if the number of stocks increases to one thousand (1,000)