CFA 1. A three-asset portfolio has the following characteristics Asset Weight 0.50 0.40 0.10 Expected Return Standard Deviation 15% 22% 10 6 What is the expected return on this three-asset portfolio? 1. Here are the expected returns on two stocks Returns Probability X -20% 10% 20 15 40 20 0.8 If you form a 50-50 portfolio of the two stocks, what is the portfolio's standard deviation