1. If you have 30 percent of your total investment in Equity Eddie's, with the expected income of your calculation from (1) and a standard deviation of your calculation from (2), and the remainder 30 percent in Barry Borrower's, with the expected income of your calculation from (1) and a standard deviation of your calculation from (2). The correlation coefficient is 0.6. Determine the expected income and standard deviation for this portfolio.

Please do on excel

Equity Eddie's Company Net Income Forecast (in 000's) Barry Borrower's Company Net Income Forecast (in 000's)