Consider the following 6 months of returns for 2 stocks and a portfolio of those 2 stocks.

Jan Feb March April May June

Stock A 2% 5% - 6% 3% - 2% 4%

Stock B 0% - 3% 8% - 1% 4% - 2%

Portfolio 1% 1% 1% 1% 1% 1%

a) What is the expected return and standard deviation of returns for each of the two stocks?

b) What is the expected return and standard deviation of return for the portfolio?

c) Is the portfolio more or less risky than the two stocks? why?

Please answer a,b, c. I would really appreciate your help. And do not send me excel sheet as I need to show hand written work