a) You intend to construct a 2-asset portfolio. Three stock candidates are available with the following probability distribution of their returns: Return on Return on Return on Probability Stock X Stock Y Stock Z (%) (%) (%) 0.35 5 6 10 0.4 9 9 12 0.25 4 0 14 How many 2-asset portfolio combinations can be created? Provide their names. Compute the covariance between the returns of various stock combinations Provide an estimate of correlation between returns of various stock combinations iv) Which stocks emerges as the most ideal candidates to be held as a portfolio? Why?