Case Study Whole life policy 2% Unit trsut funds 20% SHARON WILSON 2017 Funds in JA treasury bond Funds in other locally purchased bonds 6% 12% Sharon now 35 years is a single mother with son Robert who is seven years old attending Constant Spring Primary. Sharon possesses a Bachelor's Degree with a Major in Finance and a Minor in Marketing from the University of Technology, Jamaica, which she acquired in 2010. The chances of realizing the percentages as shown above is 70% and that of not gaining is 30% In 2011 she completed the Financial Securities Course. She now wants to pursue the MBA in finance at one of the local institutions. She works with a member of the financial sector. At present, Sharon is paying rent of $40,000 per month for a two bedroom flat in the Constant Spring area. b. Probability of realizing the returns as outlined Stock 0.1 Her financial position at 2017 is as outlined Money market fund 0.1 + Salary US Account 0.2 Equity link insurance 0.5 0.7 Credit Union savings Whole life policy 0.3 $3,500,000 per annum. + Value of shares in blue chip companies $400,000 + Funds in Money Market Funds $150,000 + Funds in USS Account US$5,000 + Equity linked insurance coverage $4.000.000 + Credit Union Savings $250,000 + Medical Coverage for her and her son is in place + Whole life policy coverage $4,000,000 + Unit Trust funds 500,000 + Funds in JA Treasury Bond J$200,000 + Funds in other locally purchased bonds J$150,000 Unit trust funds 0.2 Funds in JA treasury bond 0.5 Funds in other locally purchased bonds 0.5 Required: Dependents- Partially supports mother who lives in Clarendon Park, Clarendon 1. Calculate the expected returns for 2017/2018 2. Calculate the variance on the total asset portfolio 3. Calculate the standard deviation of the portfolio a. Expected returns are as follows: Stock 30% Money market fund 10% US Account 2% Equity link insurance 15% Credit Union savings 5%