Please answer this ples its urgent!!! AND YOU DO NOT NEED ANY PROBABILITY DATA !

1:30 hours Marks: 20 1. Linton Ltd Company is considering to invest in one of two portfolios, XY & YZ. Each requires an initial investment of $4,000. Management has constructed the following table of estimates of rates of return and probabilities of the returns. This company will invest equal proportions (50%) in each of the two portfolios. Expected return Year Probability Asset X Asset Y Assetz 2018 14% 14% 16% 2019 1596 15% 15% 2020 16% 16% 14% Requirement: (a) Calculate expected return for each of the two portfolios. (b) Calculate standard deviation for each of the two portfolios. (c) Which portfolio do you recommend? Why? (03) (03) (02)