Question 1 The following information relates to the returns of two stocks listed on the Ghana Stock Exchange. Year TTP DNT 1 0.23 MAS 0.05 TAM 2 0.24 (0.12 0.25 0.19 0.15 4 0.13 0.27 5 Required: [2 marks] a. Calculate the average returns for each of the stocks b. Calculate the risk of TTP and DNT. Which of these stocks would you advice your client to invest in? [7 marks] [6 marks] +c. Calculate the covariance between TTP and DNT stocks d. Assuming the two stocks are equally weighted, calculate the portfolio return and portfolio risk [5marks] [Total = 20 marks] This will 0.35 3