1. Expected Return, Return Standard Deviation, Covariance and Portfolios: # State Probability Asset A Asset B Riskless Asset Boom 0.25 24% 14% 7% Normal Growth 0.5 18% 9% 7% Recession 0.25 2% 5% 7% A. What is the expected return and standard deviation of return of a portfolio consisting of o% invested in asset A and (100-a)% in the riskless asset when 0% 18 1. -20%? 2. 60%? B. 3. 120%? What is the expected return and standard deviation of return of a portfolio consisting of o% invested in asset B and (100-0)% in the riskless asset when 0% 1S 1. -20%? 2. 60%? 3. 120%