portfolio variance.pdf 147 KBClick to see additional instructions\ What follows is a numeric fill in the blank question with 4 blanks.\ Refer to the attachment, which provides expected returns for 2 assets- "A" & "B" for 3 different states of nature: Boom, Normal, & Recession. Each state is considered to be equally probable.\ \ For each of the following calculations, express your answer in percentage terms, rounded to 2 decimal places (ie 22.00).\ \ What is the expected return for Asset A, E(RA)? Blank 1. Fill in the blank, read surrounding text.\ 8.33\ %\ \ What is the expected standard deviation in returns for Asset B? Blank 2. Fill in the blank, read surrounding text.\ 4.55\ %\ \ Suppose that a portfolio is created with an equal weight invested in each of Asset A & Asset B.\ \ What is the expected return for the portfolio, E(RP)? Blank 3. Fill in the blank, read surrounding text.\ %\ \ What is the expected standard deviation in returns for the portfolio? Blank 4. Fill in the blank, read surrounding text.\ %