Question 1 Starc Enterprises is a listed company specialising in issuing portfolio of loans to high capital investment projects. Recently, it has issued loan to Company Alpha and Company Beta for R2 200000 and R3 300000 , respectively. Loan granted to Company Alpha has a 17 percent expected return and 25 percent standard deviation. The other loan has a 9 percent expected return and 15 percent standard deviation. It is estimated that the covariance between the two loans is 2%. Determine the excepted return and standard deviation of the portfolio