X line 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 correlation coefficients is between 0 and 1.) Stock Beta Expected Return 8.86% 11:26 Standard Deviation 16% A 0.7 1.2 16 c 13.18 16 1.6 Fund P has one-third of its funds invested in each of the three stock 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 Open spreadsheet What is the market is premium (Round your answer to two decimal places b. What is the beta o Fundo Do not round Intermediate calculations, Round your answer to two decimal places What is the required tumor und P7 Do not round intermediate calculation Round your answer to two decades