(b) Table 1 Asset E(R) STD(R) COV(R,RB) COV(Ri,Tmkt) 0.10 0.18 0.20 0.30 0.042 0.090 0.020 0.060 A B Market (mkt) Risk-Free 0.16 0.20 0.060 0.040 0.05 0.00 0.000 0.000 Using the information in Table 1, calculate the expected return, beta and standard deviation of returns, covariance with the market return for a portfolio that consists of a 45% investment in Asset A and a 55% investment in Asset B. (5 marks) (c) Given the information in Table 1, your answer to (b) and without performing any additional calculations, outline two ways in which an investor can construct a portfolio that will have a smaller standard deviation than the portfolio reported in (b). (2 marks) (b) Table 1 Asset E(R) STD(R) COV(R,RB) COV(Ri,Tmkt) 0.10 0.18 0.20 0.30 0.042 0.090 0.020 0.060 A B Market (mkt) Risk-Free 0.16 0.20 0.060 0.040 0.05 0.00 0.000 0.000 Using the information in Table 1, calculate the expected return, beta and standard deviation of returns, covariance with the market return for a portfolio that consists of a 45% investment in Asset A and a 55% investment in Asset B. (5 marks) (c) Given the information in Table 1, your answer to (b) and without performing any additional calculations, outline two ways in which an investor can construct a portfolio that will have a smaller standard deviation than the portfolio reported in (b). (2 marks)