0.2 Examples: During the past four years, Godson owned two stocks, X and Y that had the following returns: Years 1 2 3 4 Probabilities 0.2 0.3 0.3 Returns Stock (X%) 8 4 0 -4 Returns Stock (Y%) 26 12 0 -4 Return - Stock XC 1,400 1,800 2,000 2,400 Return - Stock YC 1,900 2,200 2,600 3,000 Godson has approach you, an investment student to assist him analyze these returns to help him diversify his investment where necessary. Required: a.) Calculate the Expected Return of each stock. b.) Calculate the Standard Deviation for each stock and indicate which stock appears riskier. c.) Calculate the Portfolio Risk of both stocks assuming he invested equal weights d.) Assuming he decided to invest 75% in stock X and the remaining in Stock Y, based on your calculations, will his portfolio risk reduce? Explain your in each stock