Amber Limited has been formed to undertake Investments opportunities in a portfolio made up of two projects B and C. The probability distribution and the returns of the two projects are given below Probability Project Returns B 0.3 14% 13% 0.5 20% 7% 0.2 15% 5% Amber has invested 60% of his resources in Project B and 40% in Project C Required a) Determine the expected Return of projects B & C (2 Marks) b) Calculate the standard deviation of each project ( 3 Marks) c) What is the Expected return of the portfolio ( 2 Marks) d) Calculate the Covariance and correlation of the portfolio (3 Marks) e) What is the Risk of the Portfolio? ( 3 Marks)