2. Find the expected return, stande deviation= covariance and correlation of the returns on two stocks, X and Y, given the following information. Market outcome Return on X Return on Y Probability Good year 112 0-139 0-313 Average year 5105 0-02 0.31:! Bad year 4111!] _5 H.413 3. Given the following information on three securities (I, K, and L], nd the expected return and standard deviation of a portfolio consisting of 4G% invested in J } 35% invested in K, and 25% invested in L. Stock Expected return Standard deviation I $.12 0-23 K 122 [1-65 L I109 0.15 Correlation between J and K: {144 Correlation between J and L'. GET} Correlation between K and L: 0.52