PLEASE FIND PORTFOLIO VARIANCE AND STANDARD DEVIATION

Expected return and standard deviation. Use the following information to answer the questions: B a. What is the expected return of each asset? b. What is the variance and the standard deviation of each asset? c. What is the expected return of a portfolio with 9% in asset J, 53% in asset K, and 38% in asset L? d. What is the portfolio'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 input instructions, phrases in parenthesis after each answer box, only apply for the answers you will type. HERD a. What is the expected return of asset J? 0.0500 (Round to four decimal places.) What is the expected return of asset K? 0.085 (Round to four decimal places.) 2 What is the expected return of asset L? Data Table 0.1142 (Round to four decimal places.) b. What is the variance of asset J? (Click on the following icon in order to copy its contents into a spreadsheet.) 0 (Round to four decimal places.) Return on What is the variance of asset K? 0.01121 (Round to four decimal places.) State of Economy Boom Growth Stagnant Recession Probability of State 0.24 0.37 0.22 0.17 Return on Asset Jin State 0.050 0.050 0.050 0.050 Asset Kin State 0.210 0.110 0.065 -0.120 Return on Asset Lin State 0.290 0.180 0.070 -0.220 What is the variance of asset L? L? 0.0284 (Round to four decimal places.) What is the standard deviation of asset J? 0 (Round to four decimal places.) Print Done What is the standard deviation of asset K? 0.1059 (Round to four decimal places.) What is the standard deviation of asset L? 0.1686 (Round to four decimal places.) c. What is the expected return of a portfolio with 9% in asset J, 53% in asset K, and 38% asset L? 0.0929 (Round to four decimal places.) d. What is the portfolio's variance using the same asset weights from part (c)? (Round to four decimal places.)