Please do not use excel. Show step by step solution.

8. Assume we own two stocks, assets A and B. We have invested 10,000 in asset A and 6,000 in asset B. The return on asset A is 25% whilst that of B is 15%. The standard deviation of asset A is 12% and that of B is 8%. a. What is the expected return on the portfolio? (5 Marks) aminer: Professor Godfred A. Bokpin; TA: Ms. Eunice P. Offei Page 4 of 5 b. If the correlation between the two assets is 0.8. Calculate the risk of the portfolio