Consider Securities A and B with the following estimates:

-expected return of A is 4% -

expected return of B is 13.5%

-variance of A is 144%

-variance of B is 324%

If the portfolio is comprise of 43% A and 57% B and if the correlation between returns on A and B is -0.28, what is the portfolios expected return and risk?

Show clearly the step and calculation

The Final answer is 10,114