Stоck A hаs а betа оf 0.8, Stоck B has a beta of 1.0, and Stock C has a beta of 1.2. Portfolio P has one-third of its value invested in each stock. Each stock has a standard deviation of 25%, and their returns are independent of one another, i.e., the correlation coefficients between each pair of stocks is zero. Assuming the market is in equilibrium, which of the following statements is CORRECT?