3. Miss Minnie is being promoted to a new position as the corporate financial manager of Brilliant Bhd. This is due to her vast experience in handling the company's accounting and operational activities. She is now considering investing the additional funds of the company by constructing several investment portfolios consisting of two risky assets. She has instructed you as her subordinate in the finance department to provide him the result of combining several risky investments. Portfolio Buzz and Light Kok and Soo Hope and Suga Gun and Solo Covariance 0.4152 0.1562 -0.2554 -0.3693 Correlation 0.9828 0.2158 -0.3658 -07573 Required: a. Explain which investment portfolio is the best alternative. (6 marks) b. Describe which investment portfolio should be chosen in the following condition. i. Boom or rising ii. Depression or downtum (4 marks) (Total: 10 marks)