Use the data below for questions 16 and 17 ============================================================================ Assume that security returns are generated by the single index model Ri= ai + Bi RM + Ej where Ri is the excess return for security and RM is the market's excess return. Suppose also that there are three securities S1, S2, and S3 characterized by the following data: Security Beta Expected Return o2 (&i) 0.8 0.10 0.12 0.05 0.01 1.0 0.14 0.10 Question 16. If 02M = 0.04 calculate the variance (e.g. the total risk) of returns of securities S1, S2, and S3. A.0.2492; 0.1400; 0.3738 B. 0.0513; 0.0116; 0.0500; 0.1576 C.0.0756; D.0.0820; 0.0500; 0.1480