Expected return and standard deviation. Use the following information to answer thequestions:

a.What is the expected return of eachasset?

b.What is the variance and the standard deviation of eachasset?

c.What is the expected return of a portfolio with 8% in assetJ, 48% in assetK, and 44% in assetL?

d.What is theportfolio's variance and standard deviation using the same asset weights from part (c)?

Hint: Make sure to round all intermediate calculations to at least seven(7) decimal places. The inputinstructions, phrases in parenthesis after each answerbox, only apply for the answers you will type.