Estimates for shares of Calla Corporation and Lilly Limited are as follows: Calla Corporation Lilly Limited Expected Return 0.09 0.12 Correlation (Calla, Lilly) Standard Deviation 0.40 0.50 -1 a. Calculate the expected return and the standard deviation of returns for a portfolio comprised of 70% Calla and 30% Lilly. b. The minimum variance portfolio is the mixture of Calla and Lilly with the lowest possible portfolio variance. Find the expected return of the minimum variance portfolio, the standard deviation of the minimum variance portfolio, and the portfolio weight for Calla and for Lilly to make up the minimum variance portfolio