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Based on the following information: a. Calculate the expected return for each of the stocks. (Do not round intermediate calculations and enter your answers as

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Based on the following information: a. Calculate the expected return for each of the stocks. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) b. Calculate the standard deviation for each of the stocks. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the covariance between the returns of the two stocks? (Do not round intermediate calculations and round your answer to 6 decimal places, e.g., .161616.) d. What is the correlation between the returns of the two stocks? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., .1616.) Assume you create a portfolio of Stock J and Stock K, where 54% is invested in Stock J. e. What is the average return of the portfolio? f. What is the standard deviation of the portfolio

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