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1.John invested $60,000 in MSFT, $40,000 in Devon Energy, $40,000 in Starbucks, $50,000 in Waste Management and $30,000 in Abbott on January 1, 2012.Using daily

1.John invested $60,000 in MSFT, $40,000 in Devon Energy, $40,000 in Starbucks, $50,000 in Waste Management and $30,000 in Abbott on January 1, 2012.Using daily stock returns, find the average return and standard deviation between January 1, 2012 and December 31, 2015 if you hold the same portfolio over the time period.

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