12. Betty's financial advisor has picked two investments for her portfolio: Sunshine company that sells summer clothes, hats and sunglasses. Rainbow company that sells winter coats, hats and boots Given the following data: Weather Probability of event Returnsunshine Return Rainbow Warm 10% -20% Average 20% 22% Wet 10% 30% I. Calculate the expected Return and standard deviation for Sunshine and (20 marks) II. Calculate the correlation coefficient of Sunshine and Rainbow and comment (20 marks) III. Calculate the expected return and standard deviation of Sunshine and Rainbow with the following weights. (10 marks) 12. Betty's financial advisor has picked two investments for her portfolio: Sunshine company that sells summer clothes, hats and sunglasses. Rainbow company that sells winter coats, hats and boots Given the following data: Weather Probability of event Returnsunshine Return Rainbow Warm 10% -20% Average 20% 22% Wet 10% 30% I. Calculate the expected Return and standard deviation for Sunshine and (20 marks) II. Calculate the correlation coefficient of Sunshine and Rainbow and comment (20 marks) III. Calculate the expected return and standard deviation of Sunshine and Rainbow with the following weights. (10 marks)