Hi pls help. not in excel. Avoid writting on paper also if can due to blur quality and hand writting. Use the information given below answer the following questions.

	Bear Market	Normal Market	Bull market
Probability	0.2	0.5	0.3
Stock A	-20%	18%	40%
Stock B	-15%	10%	20%

1. What are the expected returns and standard deviation for Stock A?

2. Assume that you have invested RM 75,000 in Stock A, RM 85,000 in stock B, what is the expected return on your portfolio given the expected return on Stock B is 8%.

3. If the correlation between A and B is 0.7, what is the portfolio standard deviation given the standard deviation of Stock B is 12.29%?

d. Which of the two stocks is riskier and explain why?