(7 marks) Lee is a financial imvestor with a four year investment portfolio of all blue chips, which gave the returns of 13.7%,11.4%,9.5% and 17.2%, respectively. Required: a) Calculate the geometric average return of Lee's portfolio for this four year period. (2 marks) ANSWER a): b) Assume that the expected return of share A in tee's portfolio is 15.6% this year. The risk premium on the stocks of the same industry are 6.8%, and beta of this share is 1.5. Calculate the risk-free rate of return using Capital Asset Pricing Model (CAPM). (I mark) ANSWER b): c) Following is the forecast for an economic situation and tee's portfolio returns neat year. Calculate the expected return, variance and standard deviation of the portfolio. (4 marka)