b) Answer parts i, ii and ill based on the information below: An investment portfolio consists of a share and a bond. The return on each asset according to the state of economy is provided below: State of economy Boom Normal Recession Probability 30% 60% 10% Return on Share 10% 8% -5% Return on Bond 2% 7% 5% i. Calculate the expected return for the share and the bond. Round your answer to the nearest 0.01%. (2 marks) ii. Calculate the standard deviation for the share and the bond. Round your answer to the nearest 0.01% (4 marks) ii. Calculate the expected return of the portfolio if you allocate 40% of investment into share and the remaining into bond. Round your answer to the nearest 0.01%. (2 marks)