C (Answer the following Question = 1 x 16 Marks = 16 Marks Weightage = 8%) 1. Euro Refreshments SAOG proposes to invest in two shares, X and Y. He expects a return of 13% from X and 16% from Y. The standard deviation of returns is 8% for X and 11% for Y. The correlation coefficient (p) between the returns is 0.7. Compute the expected return and standard deviation of the portfolio when Portfolio A B 1. Compute Percentage in X 25 30 Percentage of Y 75 70 a. the expected return and b. Standard deviation of the portfolio. (4 Marks) (8 Marks) II. Rank them in order of priority and comment on the results? (4 Marks)